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Leeds Building Society – Five Year Fixed Buy-To-Let Online Mortgage

Leeds Building Society – Five Year Fixed Buy-To-Let Online Mortgage

Type: Fixed-rate buy-to-let mortgage

Fixed term: Until January 31, 2015

Fixed rate: Up to 65% of valuation – 6.59%, up to 60% of valaution – 6.29%

Minimum loan: £1

Maximum loan: Up to 65% of valuation subject to a maximum of £500,000

Income multiples: Rental income must be at least 130% of the mortgage repayments

Conditions: Capital repayments of 10% a year allowed without penalty, applicants must have a minimum income of £20,000 a year, up to four properties allowed within a total maximum of £1.25m, online applications only

Arrangement fee: £1,350 plus £199 booking fee

Redemption fee: 5% of the amount repaid in the first two years, 4% in year three, 3% in year four, 2% in year five

Introducer’s fee: Refer to lender

Tel: 01543 418104

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Comments

There are 3 comments at the moment, we would love to hear your opinion too.

  1. Hello there, i want to take out a buy to let Mortgage my income is 20-22k a year and i have a 10-15% deposit can you plz contact me

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