Leeds Building Society has retuned to houses in multiple occupation (HMO) lending with two new products.

Each comes with a free standard valuation and charges a £999 product fee.

They comprise a 60% LTV two-year fix for small properties (up to six occupants) at 3.27% and a 75% LTV two-year fix for large properties (more than six occupants) at 3.60%.

Leeds director of products Matt Bartle says: “As we start to move forward following the pandemic, we’re starting to see more students back at university or applying for courses in our university towns and cities, which may be of interest to those landlords seeking new opportunities.

“Our range of products and lending criteria is under constant review and it’s important to us to work closely with our broker partners to be able to assist borrowers who are not well served by the wider market.

“We also recognise that a healthy housing market needs a mix of tenures, including homes to rent.”