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Leeds Building Society – Three Year Buy-To-Let Discount

Leeds Building Society

Three Year Buy-To-Let Discount

Type: Discounted-rate buy-to-let mortgage

Discounted term: Three years

Discount: 1.81%

Payable rate: 4.99%

Minimum loan: 25,001

Maximum loan: Up to 80% 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 up to 10 per cent a year allowed without penalty

Arrangement fee: Up to 500,000 – 395, over 500,000 – negotiable
Redemption fee: 4% of the amount repaid in year one, 3% in year two,, 2% in year three

Introducers fee: Refer to lender

Tel: 01543 418104

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