Leeds Building Society has returned to the 75% LTV lending space for buy-to-let and brought out a new holiday let mortgage.

Two new BTL offerings come as a two-year fix at 2.14% and a five-year fix at 2.44%.

The holiday let, meanwhile, consists of a five-year fixed rate at 4.24%.

Both BTL mortgages charge a £999 product while the holiday let has no product fee. All come with free standard valuation and fee assisted legal services.

The lender has also altered its minimum income requirements, asking for £60,000 for joint applicants or £40,000 for one applicant.

Leeds director of products Matt Bartle comments: “Understanding borrower needs and developing products and lending criteria to support our customers is key to who we are as a mutual.

“While interest in holiday let has continued to build over recent years, we expect this demand to remain strong as more people choose staycations because of the restrictions or complexities around international travel due to the pandemic.”