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New 5-yr BTL mortgage from Leeds BS

New 5-yr BTL mortgage from Leeds BS

Category: Mortgages
Date: 06/01/2017

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 It is now over 6 months old so the content may be out of date.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 BS has launched a new five-year fixed buy-to-let (BTL) mortgage, which boasts the lowest rate for its terms, easily earning it the highest Moneyfacts rating and a competitive place in the Best Buy chart for its sector.

The basics…

This mortgage boasts a market-leading rate of 2.80%, fixed to 31.03.22, and is available at 70% loan-to-value (LTV). It comes with a £1,999 fee.

The finer details…

The deal is offered to landlords who are looking to buy another property or remortgage, provided they have the necessary deposit. It comes with an incentive of free valuation (max £999) for all borrowers, and for remortgagors help towards costs, thereby helping to offset the upfront costs. It also comes with the option to make overpayments, giving borrowers some flexibility.

Why we like it…

Due to its market-leading rate and competitive incentives, this deal has easily proven itself worthy of a place in the Best Buys and our highest rating.

Moneyfacts rating: Outstanding

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

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