Leeds Building Society has cut rates across its buy-to-let mortgage range, including portfolio loans, by up to 15 basis points.  

Highlights among the mutual’s reductions include:   

• BTL two-year fixed-rate deals up to 60% LTV at 5.52%, with a £1,999 fee   
• BTL two-year fixed-rate offers up to 60% LTV at 6.14%, without a fee   
• BTL five-year fixed-rate products up to 60% LTV at 5.09%, with a £1,999 fee   
• BTL five-year fixed-rate mortgages up to 60% LTV at 5.39%, without a fee  

The move comes after the lender earlier this month, cut rates for first-time buyer, shared ownership, shared equity, help to buy and landlord products by up to 55bps.  

Leeds Building Society senior mortgage manager Sean Hanson says: “The further rate reductions we have made will serve the market as a whole, helping to reduce costs for landlords, which we hope will improve the outlook for private renters too.  

“The changes we’ve made as part of our ongoing review of rates aims to support our intermediary partners who are advising clients in this sector.”