The mortgage allows 10 per cent capital repayments each year without penalty, is available up to 80 per cent loan to value and there is no higher lending charge. A fee free version is also available at only 5.99 per cent.
Jeff Kirk, corporate relationship manager at Leeds, said: "Some landlords who currently have discount or tracker mortgages may be concerned about what will happen to their monthly payments if interest rates continue to rise. This product protects them against any increases and provides excellent peace of mind."
