Please note: Leeds Building Society only accepts mortgage applications from intermediaries where they are providing an advised sales service, with the exception of Buy to Let & Holiday Let applications. It is the responsibility of the intermediary to ensure that all applicable law including, without limitation, the Financial Conduct Authority rules on advised mortgage sales are complied with including, without limitation, the provision of adequate explanations.

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Rate reductions on Leeds Buy to Let deals

Leeds Building Society has reduced rates on its fixed rate Buy to Let deals by up to 0.25%.

Highlights include:

  • 2.09% two year fixed rate for purchase only, available up to 70% LTV (loan to value)
  • 1.59% two year fixed rate for remortgage only, available up to 60% LTV

“We’ve made reductions across our range of two and five year fixed rate deals for Buy to Let borrowers,” said Jaedon Green, Leeds Building Society’s Director of Product and Distribution.

“In addition to the reduced rates, we offer different fee and incentive combinations across the range, including cashback, as part of our ongoing efforts to improve our Buy to Let proposition.

“Earlier changes we’ve made, such as simplifying criteria and removing the minimum income requirement, have been well-received by brokers.

“We continue to work closely with our intermediary partners to better meet their needs, and those of their clients, in this important sector.”

 

Key Features

Two year fixed rate Buy to Let purchase only mortgage at 2.09% up to and including 30th September 2019:

  • 2.09% fixed up to and including 30th September 2019
  • Followed by 1% discount for three years
  • Available up to 70% LTV
  • Free standard valuation on properties worth up to £1m
  • £999 completion fee
  • Up to 10% capital repayments allowed each year
  • Purchase only

Two year fixed rate Buy to Let purchase only mortgage at 1.59% up to and including 30th September 2019:

  • 1.59% fixed up to and including 30th September 2019
  • Followed by 1% discount for three years
  • Available up to 60% LTV
  • Free standard valuation on properties worth up to £1m
  • Choice of fees assisted legal services or £250 cashback
  • £999 completion fee
  • Up to 10% capital repayments allowed each year
  • Remortgage only

Leeds Building Society was named Best Building Society Savings Provider in the Moneyfacts Awards for 2017. The Society also won this title in 2016. 

Leeds Building Society operates throughout the UK, Gibraltar and Ireland and has assets of £15.9bn (at 31st December 2016). The Society’s head office has been based in the centre of Leeds since 1886.