Leeds BS unveils new 5-yr BTL mortgage | Product News - Moneyfacts

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Leeds BS unveils new 5-yr BTL mortgage

Leeds BS unveils new 5-yr BTL mortgage

Category: Buy To Let
Date: 22/12/2014

MONEYFACTS ARCHIVE
This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Leeds Building Society has released a new five-year buy-to-let mortgage deal, which has earned four stars for its competitive terms.


The basics…

This deal has a rate of 3.79% fixed until 31.3.20, and is available at a loan-to-value (LTV) of 60%. Absolutely no fees are payable.


The finer details…

This mortgage is available to second-time buyers and landlords looking to remortgage with a 40% deposit.

Borrowers can benefit from an incentive package of free valuation (max £560) and there is also an option to make overpayments of up to 10% of the outstanding balance.


Why we like it…

Landlords on the lookout for an attractive buy-to-let deal will be intrigued by this offer. The absence of any fees and the benefits of the generous incentive package are very appealing and make this mortgage the perfect deal for those who are looking to keep upfront costs down.

Four Moneyfacts Stars have been awarded.

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

 

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

 
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