The two-year fixed rate products will be available to appointed representatives of its network and members of its mortgage club via Leeds.
The first product is 2.55% fixed until 31 August 2018 up to 60% LTV and the second is 2.99% fixed until 31 August 2018 up to 70% LTV.
Rob McCoy, senior product manager at Sesame Bankhall Group, said the products should appeal to landlords at a time when tax changes have had a big impact.
“No early repayment charges on a fixed rate isn’t something we see very often; especially in the buy-to-let market,” said McCoy.
“At a time when many landlords are uncertain about how the recent tax changes will impact on them, as well as not knowing when the next interest rate change is likely to occur, the stability of a fixed rate coupled with the flexibility this deal offers makes these products an attractive proposition.”
Both products include a free standard valuation for customers, up to a value of £999, have no up-front booking fees and a £1499 arrangement fee, which is payable on completion but can be added to the loan within the maximum loan-to-value limits. For remortgage customers, fees assisted legal services are also available.
Jaedon Green, director of product and distribution at Leeds Building Society, said recent changed in the buy-to-let created uncertainty, and the new products will offer landlords the flexibility needed.
At the end of the initial fixed rate period these products offer a 1% discount off the current buy-to-let variable rate of 5.99% until 31 August 2021.
