Furthermore, there is no higher lending charge and 10% capital repayments are allowed each year without penalty.
Key features
- 5.99% available up to 80% LTV
- From 1st February 2015 up to and including 31 January 2018, the rate includes a 1.00% Discount (current rate 4.99%)
- No higher lending charge
- £199 Booking Fee
- £800 Completion Fee
- Tapered early repayment charges of 3% of the amount redeemed in year 1 and 2% in year 2
- 10% capital repayments are 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.”
