Leeds Building Society has launched two buy-to-let (BTL) mortgage products.

Both products are available for new purchases or for remortgages and come with no early repayment charges.

The two new mortgages are two-year deals and have a free standard valuation and a fees assisted legal service for remortgages.

The products include a two-year 60% loan-to-value (LTV) tracker with an initial rate of 4.85% plus 0.85% base rate and a fee of £999.

The second product is a two-year 75% LTV tracker with an initial rate of 5.20% plus 1.20% base rate, with a fee of £999.

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

“Due to the economic uncertainty, we know that many landlords are looking for tracker products, and we’re pleased we’re able to launch two new buy-to-let mortgages at 60% and 75% LTV.”