Leeds Building Society has recently announced the launch of their new range of buy-to-let tracker mortgages. These mortgages are designed to provide landlords with a more flexible and cost-effective way of financing their properties.
The new tracker mortgages allow landlords to benefit from a lower interest rate than traditional fixed-rate mortgages, while still providing the security of a fixed rate. This means that landlords can benefit from a more competitive rate of interest, while still having the option to switch to a fixed rate if they wish.
The new tracker mortgages also come with a range of features designed to make them more attractive to landlords. These include the ability to make overpayments, which can help landlords reduce their overall mortgage costs. The mortgages also come with the option of a repayment holiday, allowing landlords to take a break from making payments for a period of time.
The new tracker mortgages are available for both existing and new buy-to-let properties, and are available for terms of up to 25 years. The mortgages are available for both residential and commercial properties, and are available for both purchase and remortgage.
The new tracker mortgages from Leeds Building Society are designed to provide landlords with a more flexible and cost-effective way of financing their properties. With the ability to make overpayments and the option of a repayment holiday, these mortgages provide landlords with the security of a fixed rate while still benefiting from a more competitive rate of interest.
For landlords looking for an affordable and flexible way to finance their properties, Leeds Building Society’s new range of buy-to-let tracker mortgages could be the perfect solution.