Leeds launches B2L deals from 4.49%
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Leeds Building Society is launching a range of fees-assisted buy-to-let deals with rates starting from 4.49%.
The lender is introducing three-year fixes at 4.49% up to 60% LTV, 4.79% up to 65% LTV and 4.99% up to 70% LTV.
The products all come with a free valuation up to £335 and free in-house legal services for standard remortgages.
Leeds has also reduced the rates on its existing three-year buy-to-let fixed rate deals, with fees, by up to 0.40%.
Phil Coombes, head of intermediary sales at Leeds, says the reduced rate products are likely to attract professional landlords looking to fix their monthly payments.
He adds: “The Leeds is also benefiting first time landlords, who may require help with up front costs, by offering market-leading fees-assisted deals across two, three and five year periods.”
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Readers' comments (1)
Neon | 29 Nov 2011 4:28 pm
Phil Coombes of the Leeds says this product will attract the professional landlord, yet their own criteria says they will not lend to professional Landlords with 4 or more properties in their portfolios? A bit of a contradiction there.....
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