The product comes with a £199 booking fee and £800 completion fee and also allows 10% capital repayments each year, without penalty.
Phil Coombes, head of intermediary sales at Leeds, said: “We are pleased to be able to reduce the rate by 0.30% on our 2-year discount buy-to-let deal.
“This buy-to-let option has been specifically designed to offer landlords greater choice and flexibility.”