{"id":3022625,"date":"2019-01-17T15:48:52","date_gmt":"2019-01-17T15:48:52","guid":{"rendered":"https:\/\/www.buyassociation.co.uk\/?p=3022625"},"modified":"2019-01-17T15:48:52","modified_gmt":"2019-01-17T15:48:52","slug":"the-leeds-doubles-cashback-in-buy-to-let-product-range-boost","status":"publish","type":"post","link":"https:\/\/www.buyassociationgroup.com\/en-hk\/2019\/01\/17\/the-leeds-doubles-cashback-in-buy-to-let-product-range-boost\/","title":{"rendered":"The Leeds doubles cashback in buy-to-let product range boost"},"content":{"rendered":"<p><strong>Leeds Building Society is offering increased incentives to Buy-to-Let investors by doubling the cashback on certain mortgages.<\/strong><\/p>\n<p>Taking out either the two-year or five-year fixed rate Buy-to-Let products now gives cashback of \u00a31,000 \u2013 twice what they offered before.<\/p>\n<p>The two products also offer landlords other enticements. The two-year deal gives a rate of 2.69% available up to 60% LTV, while the rate for the five-year option is 2.74% also with 60% LTV. A free valuation also comes with both mortgages.<\/p>\n<p>The Leeds has also made changes to its five-year Easy Start Buy-to-Let Mortgage. It has reduced the rate at 70% LTV by 0.21% to 3.03%, and they still offer 0% interest on the first three months under this deal.<\/p>\n<blockquote><p>\u201cWe\u2019ve increased the cashback incentives available on some of our buy-to-let products while maintaining our product rates,&#8221; said Matt Bartle, the Leeds&#8217; director of products.<\/p><\/blockquote>\n<p>\u201cOf course, landlords can choose how to spend the \u00a31,000 cashback available. Cash freed up at the start of the mortgage could go towards redecorating costs and fees associated with finding tenants.<\/p>\n<p>\u201cIncreasing cashback available on our buy-to-let range is a further example of how we\u2019ve used our expertise and experience in the market to understand and respond to the needs of customers.\u201d<\/p>\n<p>The Leeds\u2019 move is a welcome one, with the buy-to-let market in a subdued state. <a href=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2019\/01\/17\/first-time-buyer-mortgages-on-the-rise\/\">New figures from UK Finance<\/a> for the year to November 2018 showed that the number of new buy-to-let loans fell by 9% to 6,100, while buy to let remortgaging was 9.5% up as landlords locked into attractive rates.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Leeds Building Society is offering increased incentives to Buy-to-Let investors by doubling the cashback on certain mortgages. Taking out either the two-year or five-year fixed rate Buy-to-Let products now gives cashback of \u00a31,000 \u2013 twice what they offered before. The two products also offer landlords other enticements. The two-year deal gives a rate of 2.69%<a class=\"excerpt-read-more\" href=\"https:\/\/www.buyassociationgroup.com\/en-hk\/2019\/01\/17\/the-leeds-doubles-cashback-in-buy-to-let-product-range-boost\/\" title=\"ReadThe Leeds doubles cashback in buy-to-let product range boost\">&#8230; Read more &raquo;<\/a><\/p>\n","protected":false},"author":3875,"featured_media":3022629,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[8,2,40,26],"tags":[22,25,341],"acf":[],"_links":{"self":[{"href":"https:\/\/www.buyassociationgroup.com\/en-hk\/wp-json\/wp\/v2\/posts\/3022625"}],"collection":[{"href":"https:\/\/www.buyassociationgroup.com\/en-hk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.buyassociationgroup.com\/en-hk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-hk\/wp-json\/wp\/v2\/users\/3875"}],"replies":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-hk\/wp-json\/wp\/v2\/comments?post=3022625"}],"version-history":[{"count":0,"href":"https:\/\/www.buyassociationgroup.com\/en-hk\/wp-json\/wp\/v2\/posts\/3022625\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-hk\/wp-json\/wp\/v2\/media\/3022629"}],"wp:attachment":[{"href":"https:\/\/www.buyassociationgroup.com\/en-hk\/wp-json\/wp\/v2\/media?parent=3022625"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-hk\/wp-json\/wp\/v2\/categories?post=3022625"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-hk\/wp-json\/wp\/v2\/tags?post=3022625"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}