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Leeds offers 5-year fixed BTL range

Leeds Building Society has launched a five-year fixed rate buy-to-let mortgage range with fee free options for those looking to remortgage their portfolio.

The five-year fixed BTL mortgage provides a rate of 5.24 per cent and the fee free version offers 5.84 per cent.

Both products are available up to 80 per cent LTV, with no higher lending fee and allow 10 per cent capital repayments each year without penalty.

The fee free options also include free valuation up to £335 and free in-house legal services for remortgages.

Corporate relationship manager Jeff Kirk says: “These buy to let options are competitive and offer the flexibility of being able to pay off 10 per cent of the capital without penalty. Landlords now have the choice of a product which allows them to budget without set up fees.”

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