Leeds reduces Buy to Let 2 year discount by 0.30%

Leeds Building Society has reduced its 2 year discount Buy to Let deal by 0.30% to only 4.59%. This rate is available up to 70% LTV and allows the flexibility of 10% capital repayments each year, without penalty.

Kim Rebecchi, Leeds Building Society's Sales and Marketing Director said, "We have looked carefully at the buy-to-let market and reduced this 2 year discount, available up to 70%, by 0.30%. This highly competitive rate compliments our existing 2 year discount available up to 65% LTV, at only 4.29%.

"These buy to let options have been specifically designed to offer landlords greater choice and flexibility. They have no higher lending charge and 10% capital repayments are allowed each year without penalty."