Leeds Building Society has released two buy-to-let mortgages to provide “further choice for landlords”.
Both deals are available for purchase and remortgage and come with no early repayment charges.
The products offer two-year terms and come with fee standard valuation as well as fees-assisted legal service for remortgages.
The two-year tracker at 60 per cent loan to value (LTV) with £999 completion fee has an initial rate of 4.85 per cent, which is the bank base rate plus 0.85 per cent.
The deal at 75 per cent LTV has an initial rate of 5.2 per cent, which is the bank base rate plus 1.2 per cent. It Is also subject to a £999 completion fee.
Matt Bartle (pictured), Leeds Building Society’s director of mortgages, said: “Understanding borrower needs and developing products and lending criteria to support our customers is key to who we are as a mutual.
“Due to the economic uncertainty, we know that many landlords are looking for tracker products, and we’re pleased we’re able to launch two new buy-to-let mortgages at 60 and 75 per cent LTV.”
Anna is currently the deputy editor for Mortgage Solutions and editor for Specialist Lending Solutions. She has worked as a journalist since 2019, having secured her Gold Standard NCTJ diploma from News Associates in a fast-track six-month course.
She started her career as a report at specialist publication The Insurance Insider covering a wide range of areas before joining Mortgage Solutions and Specialist Lending Solutions in 2021.
In her role, she helps put together and structure the news agenda for the day and writes up press releases, reports, interviews, analyses and exclusives across both titles. She also commissions blogs for Specialist Lending Solutions and hosts online masterclasses and in-person events across the business.
She has been shortlisted for three journalism awards, which include BIBA Journalist and Media Awards Scoop of Year Award in 2020, Headline Money Mortgage Journalist of the Year Award (B2B) in 2022 and 2023.
Prior to being a journalist, Anna worked in ecommerce across Snow + Rock, Cycle Surgery and Runners Need websites, and before that worked at specialist financial PR firm Rostrum.
In her spare time, Anna enjoys reading, seeing live music, and cooking for friends and family. When she gets a chance, she also enjoys hiking, skiing and indoor rock climbing.