Leek United has announced that it has expanded its buy-to-let offering with the addition of new non-homeowner and regulated buy-to-let products.
The lender revealed that four new buy-to-let products have been added to its range, including two new mortgages for non-homeowner buy-to-lets.
A two-year fixed rate with no fees is available at 2.25% up to 65% LTV for either regulated purchases or non-homeowner buy-to-let. New residential products include a two-year fixed-rate at 1.85% up to 80% LTV with no fees and £400 cashback.
Leek has also launched two new residential fixed-rate mortgages at 75% LTV.
Lisa Buckley, head of sales and marketing, comments: “Our new fixed-rate mortgage range includes competitive interest rates and products with no fees and cashback.
“The new two-year fixed-rate, fee-free product with cashback will support purchasers with their legal fees. We’ve also added to our mortgage offering with two new 75% LTV products to give more choice and flexibility.
“For buy-to-let, we’ve revamped our products and we now have four new products for both non-homeowner and regulated buy-to-lets where we use the market rate to calculate the rental coverage, rather than what the family member is paying.
“I’m confident these products will allow intermediaries to have more options when helping their clients.”
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