Leeds Building Society is set to add five-year products to its HMO mortgage range.
The products will be launched on Friday (8th February) with a free standard valuation and £500 cashback.
The deals include:
- 2.49% available up to 60% LTV with a £999 fee for small properties
- 2.69% available up to 70% LTV with a £999 fee for small properties
- 3.54% available up to 60% LTV with a £1,999 fee for large properties
- 3.84% available up to 70% LTV with a £1,999 fee for large properties
Matt Bartle, director of products at Leeds Building Society (pictured above), said: “Following broker feedback, we’ve developed these new five-year options for small and large HMOs, which we believe will meet the needs of landlords looking to diversify their portfolios and move into this sector.
“Additionally, insight from brokers revealed professional landlords often prefer to use their own legal advisers during the buying or remortgaging process.”
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