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Leeds reduces interest rate on Buy to Let 2 Year Discount

6th May 2011 Print

Leeds Building Society has reduced the rate on its 2 year discount Buy to Let deal from 4.44% to 4.29%, available up to 70% LTV.

This flat fee product also allows the flexibility of 10% capital repayments each year, without penalty.

Kim Rebecchi, Leeds Building Society's Sales and Marketing Director said, "We are pleased to be able to reduce the rate by 0.15% on our 2 year discount buy-to-let deal. It's available up to 70% LTV at a new rate of only 4.29%.

"This buy to let option has been specifically designed to offer landlords greater choice and flexibility. It has no higher lending charge and 10% capital repayments are allowed each year without penalty."

For more information, visit leedsbuildingsociety.co.uk.