Leeds launches 10-year fixed rate BTL range

Leeds Building Society has launched a range of 10-year fixed rate buy-to-let products. Available from tomorrow, products start from 2.49% up to 60% LTV and 3.29% up to 70% LTV.

Both products have a £999 product fee and come with a free standard valuation and fees assisted legal services.

Matt Bartle, Leeds Building Society’s director of products said, “Our new 10-year buy-to-let products provide additional choice for landlords, and follow our recent rate reductions and the introduction of new cashback incentives in our range.

“Longer term fixes provide landlords with the opportunity to budget for their mortgage costs over a decade, as well as saving any fees associated with remortaging during the period.

“In the current rate environment, fixing for a longer term offers landlords some security at a time of economic uncertainty.”