Fixed-rate mortgage reduced by Leeds

Thursday, 15 July 2010 12:00

Leeds Building Society has revealed it has reduced its two-year fixed-rate buy-to-let mortgage to 4.89 per cent.

The product has a fixed fee and allows for ten per cent capital repayments each year, with no penalty and no higher lending charge.

Sales and marketing director at the organisation Kim Rebecchi described the offer as highly competitive.

The expert added the deal offers peace of mind and a degree of certainty, "not only in terms of a fixed monthly payment, but also with fixed fees of only £999."

It is of particular benefit to landlords aiming to manage and budget their portfolios, she went on to note.

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