The buy-to-let fixed rate deal from Leeds Building Society has been extended until 31 January 2015.
The offering, at 5.9 per cent for two years, available up to 80 per cent loan-to-value, has seen a popular response, with no higher lending charge and 10% capital repayments allowed each year without penalty.
Phil Coombes, Leeds Building Society’s Head of Intermediary Sales 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.”
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