Leeds extends 2-year fixed rate buy-to-let deal

The building society has also confirmed there is no higher lending charge and 10% capital repayments are allowed each year without penalty.

Phil Coombes, head of intermediary sales at Leeds, said: “We are very pleased to be able to extend this competitive product as we believe it’s a good time to lock into a low fixed rate.

“The Society has seen an encouraging response to its initial offering, and is confident about continuing to attract professional landlords who may wish to move onto a highly competitive rate and fix their monthly commitments.

“Our 2-year fixed rate buy to let deal also has no higher lending charge and allows 10% capital repayments each year without penalty.”