Leeds launches BTL range

The range is designed to suit the needs of landlords looking for a competitive fixed rate. The range offers flexibility, with fee free options for those seeking to remortgage their portfolio.

The five-year fixed buy-to-let mortgage provides a market leading rate of 5.24 per cent and the fee free version offers 5.84 per cent. Both products are available up to 80 per cent loan-to-value, both have no higher lending fee and include the flexibility of allowing 10 per cent capital repayments each year without penalty. The fee free options also include free valuation up to £335 and free in-house legal services for remortgages.

Jeff Kirk, corporate relationship manager at Leeds, said: "These buy-to-let options are competitive and offer the flexibility of being able to pay off 10 per cent of the capital without penalty. Landlords now have the choice of a product which allows them to budget without set up fees."