Leeds BS introduces new 10-year mortgages ...

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12 March 2020

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Leeds BS introduces new 10-year mortgages

Leeds Building Society is launching a couple of new 10-year fixed rate buy-to-let mortgage products.

The two new 10-year fixed rate products for buy-to-let applications, which will be available from tomorrow, will be offered at rates of 2.44% and 3.19%, up to 60% loan-to-value (LTV) and 70% LTV, respectively, with both products coming with a free standard valuation.

Matt Bartle, Leeds Building Society’s director of products, commented: “In these uncertain times, our new 10 year fixed rate products will provide reassurance for those looking for a bit of longer-term security.

“As a well-established building society with a robust and varied range of products, we’re very well placed to offer historic low rates on these residential and buy-to-let mortgages.

“While we recognise that not all borrowers will be looking to fix for such a long time, those who are can benefit from the payment security and consistency offered by a 10-year deal.

“These new products and low rates are examples of Leeds Building Society offering greater choice to borrowers to help them find products that suit their individual needs.”