Buy to Let Mortgages from Leeds Building Society

Leeds Building Society has been operating since 1875 and is widely considered to be within the top 10 independent building societies currently operating in the UK mortgage market. The Company offers a wide range of mortgages including buy to let with award winning customer service. Leeds BS buy to let mortgages have the following features:

  • Up to £1.25 million loan advance
  • Up to 70% LTV
  • Lending coverage - Great Britain and Northern Ireland
  • Interest calculated - Annually
  • Maximum age is individually assessed
  • Minimum property valuation - £50k

For advice and quotes on Leeds BS buy to let mortgage deals use our enquiry form to speak to a specialist.

For a selection of latest BTL mortgage deals see the table below:

 

Buy to Let Mortgage Deal Selection

Provider

Type

Initial Interest Rate

Initial Term

Max LTV*Product Fee 
Fixed
Buy-to-Let

1.84%

Reverts to 4.49%

2

Years

60%

YesMore Info >
Early redemption charges may apply. Overall Cost for Comparison 4.20% APRC. This is the cost of the mortgage over the full term.
Fixed
Buy-to-Let

1.57%

Reverts to 4.99%

2

Years

60%

YesMore Info >
Early redemption charges may apply. Overall Cost for Comparison 4.50% APRC. This is the cost of the mortgage over the full term.
Fixed
Buy-to-Let

1.84%

Reverts to 4.99%

2

Years

75%

YesMore Info >
Early redemption charges may apply. Overall Cost for Comparison 4.80% APRC. This is the cost of the mortgage over the full term.
Tracker
Buy-to-Let

2.65%

Reverts to 4.49%

2

Years

70%

YesMore Info >
Early redemption charges may apply. Overall Cost for Comparison 4.50% APRC. This is the cost of the mortgage over the full term.
Fixed
Buy-to-Let

2.12%

Reverts to 4.49%

2 Years

75%

YesMore Info >
Early redemption charges may apply. Overall Cost for Comparison 4.30% APRC. This is the cost of the mortgage over the full term.
Fixed
Buy-to-Let

2.38%

Reverts to 4.99%

5

Years

60%

YesMore Info >
Early redemption charges may apply. Overall Cost for Comparison 4.00% APRC. This is the cost of the mortgage over the full term.

Representative Example:


A repayment mortgage of £120,000 payable over 28 years and 1 month initially on a fixed rate for 2 years at 1.99% and then on the lender current variable rate of 3.69% (variable) for the remaining 26 years and 1 month would require 24 monthly payments of £465.20 and 312 monthly payments of £565.39 and one final payment of £565.19.


The total amount payable would be £189,357.67 made up of the loan amount plus interest (£68,161.67), booking fee (£999), completion fee (£30) and valuation fee (£197).


In this example the overall cost for comparison is 3.7% APRC representative.


YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

As a landlord you are going to need to do your sums very carefully before entering into a mortgage deal, especially with regards to the following: 

  • Will the rent you get cover your mortgage repayments?
  • Are you covered with regard to the hidden costs such as solicitors and estate agents fees?
  • Are the initial rates you are offered going to stay at that level or can they be raised and lowered?
  • Have you taken into consideration tax and insurance?


With any mortgage offer it is important to read carefully the terms and conditions of the offer before committing. Speak to a specialist buy to let adviser to discuss your options.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

The above mortgage products highlighted on this website are available directly through lenders who will be able to provide further information about the product you are interested in. If you are unsure about what mortgage product is suitable for you, we suggest you speak to an independent mortgage broker