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Leek United Building Society launches exclusive BTL product

Martin Greenland | 16:59 Wednesday 16th May 2018

Leek United Building Society has introduced a two-year buy-to-let fixed rate product available exclusively to TMA Club for directly authorised advisers.

It has a 1.84% fixed rate up to 31st August 2020 for loans up to 75% LTV, with product application fees of £100.

Additional products fees can be included in the loan or paid upfront.

The buy-to-let fixed rate product is available for both portfolio and non-portfolio landlords.

The scheme also offers free standard mortgage valuation for all purchase, remortgage or further borrowing applications on a maximum portfolio of 15 properties.

Rob McCoy, senior business and product manager at TMA, said that Leek Building Society had always been fully supportive of directly authorised firms.

“We are delighted to be offering this product as an exclusive to provide our members with the most innovative and competitive products, particularly at a time when rate rises are looming.

“We are sure this will be a popular product with our members and look forward to continuing to strengthen our relationship with such a highly regarded building society.”

Clare Beardmore, head of mortgage sales at Leek United Building Society, added: “Our reputation is built on a commitment to providing the highest standards of personal service and we look forward to working directly with TMA's advisers to provide them and their customers with the high-quality products and service they continually deliver.”

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