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Home News Buy-to-let

Leeds reduces buy to let rate

by ben.wilkie
May 11, 2011
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A set of coloured keysLeeds Building Society has reduced the rate on its two year discount buy to let deal from 4.44 per cent to 4.29 per cent, available up to 70 per cent LTV.

This flat fee product also allows the flexibility of 10 per cent capital repayments each year, without penalty.

Kim Rebecchi, Leeds Building Society’s sales and marketing Director said, “We are pleased to be able to reduce the rate by 0.15 per cent on our 2 year discount buy-to-let deal. It’s available up to 70 per cent LTV at a new rate of only 4.29 per cent.

“This buy to let option has been specifically designed to offer landlords greater choice and flexibility. It has no higher lending charge and 10 per cent capital repayments are allowed each year without penalty.”

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Tags: buy to letmortgageproperty investment
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