Leeds launches BTL tracker

The product is available up to 80 per cent loan-to-value, there is no higher lending charge and unlimited repayments are allowed at any time, without notice or penalty.

Jeff Kirk, corporate relationship manager at Leeds, said: "We have launched this straight forward buy-to-let lifetime tracker product with a flat fee and unlimited capital repayments, at any time. Landlords will benefit from a low set up cost and the flexibility to pay off all or part of the mortgage without penalty."