Leeds reduces interest rate on Buy to Let 2 Year Discount

Leeds Building Society has reduced the rate on its 2 year discount Buy to Let deal from 4.29% to 3.99%, 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 0.30% on our 2 year discount buy-to-let deal. It's available up to 70% LTV at a new rate of only 3.99%.

"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."