New 10 year fixed Buy to Let from 2.49%

by Nick Thompson

10:55 AM, 29th August 2019
About A year ago

New 10 year fixed Buy to Let from 2.49%

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New 10 year fixed Buy to Let from 2.49%

Two new 10 year fixed rate Buy to Let mortgages from Leeds Building Society are now available to landlords.

The new products launching on Friday 30 August, are:

  • 2.49% 10 year Buy to Let up to 60% LTV
  • 3.29% 10 year Buy to Let up to 70% LTV

Both products have a £999 product fee and come with a free standard valuation and fees assisted legal services.

Matt Bartle, Leeds Building Society’s Director of Products, said: “Our new 10 year Buy to Let products provide additional choice for landlords, and follow our recent rate reductions and the introduction of new cashback incentives in our range.

“Longer term fixes provide landlords with the opportunity to budget for their mortgage costs over a decade, as well as saving any fees associated with remortaging during the period.

“In the current rate environment, fixing for a longer term offers landlords some security at a time of economic uncertainty.”

Key features

2.46% Buy to Let 10 Year Fixed Rates up to and including 30 November 2024

  • Available up to 60% LTV
  • £999 product fee
  • Free standard valuation up to £999
  • 10% penalty free capital over-repayments permitted each year
  • Tapered early repayment charges, 10 Year – 6/6/5/5/5/5/4/4/3/2% until 30 November 2024
  • This product is available for purchase and remortgage applications

3.29% Buy to Let 10 Year Fixed Rates up to and including 30 November 2024

  • Available up to 70% LTV
  • £999 product fee
  • Free standard valuation up to £999
  • 10% penalty free capital over-repayments permitted each year
  • Tapered early repayment charges, 10 Year – 6/6/5/5/5/5/4/4/3/2% until 30 November 2024

This product is available for purchase and remortgage applications, but not unfortunately for Limited companies.

If you need assistance with any type of property finance please contact us with details using the form below and we will be happy to help.

Form to Contact Property118

  • Please give us a few details so we can investigate and call you back

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