Leeds cuts buy-to-let rates by up to 0.25%

Leeds Building Society has reduced rates on its fixed rate buy-to-let deals by up to 0.25%.

Related topics:  Mortgages
Rozi Jones
24th July 2017
leeds building society
"In addition to the reduced rates, we offer different fee and incentive combinations across the range, including cashback"

New products include a two-year fixed rate purchase deal at 2.09% up to 70% LTV, and a two-year fixed rate for remortgage only, available at 1.59% up to 60% LTV.

Jaedon Green, Leeds Building Society’s Director of Product and Distribution, said: “We’ve made reductions across our range of two and five year fixed rate deals for buy-to-let borrowers.

“In addition to the reduced rates, we offer different fee and incentive combinations across the range, including cashback, as part of our ongoing efforts to improve our buy-to-let proposition.

“Earlier changes we’ve made, such as simplifying criteria and removing the minimum income requirement, have been well-received by brokers. We continue to work closely with our intermediary partners to better meet their needs, and those of their clients, in this important sector.”

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