Buy to Let

Leeds Building Society reduces rates on buy-to-let deals

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

Highlights include a 2.09% 2-year fixed rate for purchase only available up to 70% LTV, and a 1.59% 2-year fix for remortgage only, available up to 60% LTV.

Jaedon Green, director of product and distribution at Leeds Building Society, said: “In addition to the reduced rates, we offer different fee and incentive combinations across the range 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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