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.”
