Interested in investing in a buy to let property but don’t have 25% deposit? Leeds Building Society are raising their maximum buy to let LTV to 80%!
It was announced this month the Leeds Building Society are raising their maximum loan to value for buy to let mortgages to 80% as well as launching some new two and five-year fixed rate buy-to-let deals, available for purchase or remortage. At 80% LTV, Leeds is offering a two-year fixed rate at 3.44% with a £999 product fee.
Leeds also announced last month they would be offering reduced rates on its 95% LTV mortgages by up to 0.45%. A new 3.34% five-year fixed rate was launched at the end of August with no fees, free standard valuation and £500 cashback!