Leeds overhauls BTL range

The 3-year fixed rate deals have seen a 0.85% reduction in rate and now have rates of 4.29% available up to 60% loan to value, 4.59% up to 65% LTV and 4.79% up to 70% LTV.

The society has also lowered rates by 0.85% on fees assisted 2-year buy-to-let deals. These products allow a free valuation up to £335 and free in-house legal services for standard mortgages.

The new buy-to-let range from Leeds also contains a 2-year deal at under 4%. This is available at 3.99% up to 60% LTV, at 4.19% available up to 65% LTV and at 4.39% up to 70% LTV.

Phil Coombes, head of intermediary sales at Leeds, said: "Our new buy-to-let range offers great value, with market leading 3-year offers and a 2-year deal at under 4%.

“We have delivered certainty and peace of mind, not only in terms of a fixed monthly payment but also with fixed fees of only £999 on the 2-year and 3-year products.

"Clearly this is of significant benefit to those landlords looking to budget and manage their portfolio. We believe it’s a very good time to lock into a low fixed rate, and these products will attract landlords who may wish to move onto a highly competitive rate and fix their monthly commitments.

“First-time landlords will also benefit from our new range, via the market leading fees assisted 2-year versions which allow a free valuation up to £335 and free legal services for re-mortgages."