Leeds Building Society has announced further support for brokers and intermediaries who are working with landlords operating within a limited company structure. The society’s expanded limited company range offers a choice of fixed rate periods and LTV tiers, as well as products with different fee structures and loan terms. Hero products, which were launched last week, include a five-year mortgage at 5.49% with fees of £5,999 and a fee-free five-year fix at 6.04%. Applications can be made through the society’s mortgage extra system, which gives brokers full visibility of how each case is progressing. This is complimented by a new packaging checklist to simplify the application journey for limited company buy-to-let cases.

Precise Mortgages has increased the number of product transfer options, providing greater choice and more flexibility. The addition of products with fees to compliment the fee free products. The residential products come as two-, three- and five-year options, with rates starting at 6.29% with a 1% and 6.49% for fee free products. BTL products are available as one-, two-, three- and five-year products, available at 4.59% with a 3% fee, 6.59% with a 1% fee and 6.89% for fee free products.

United Trust Bank (UTB) Mortgages for Intermediaries has announced has raft of changes to its range reductions for its range of second charge loans, with rates now starting from 6.99%. It is the first time that second charge rates have dipped below 7% since the Mini-Budget introduced by Liz Truss and Kwasi Kwarteng. UTB’s 1 and 2 status plans are priced up to 100 bps lower and 0-status are now up to 56 bps lower than five-year fixes with an early repayment charge from 6.99%.

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