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Leeds Building Society – Two Year Fixed Rate Mortgage

Leeds Building Society

Five-Year Fixed Buy-to-Let

Type: Fixed-rate buy-to-let mortgage

Fixed term: Until January 31, 2012

Fixed rate: 5.49%

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 mortgage repayments

Conditions: Capital repayments of up to 10% a year allowed without penalty

Arrangement fee: £999

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

Introducer’s fee: Refer to lender

Tel: 01543 418104


Mixed messages

Scottish Widows marketing director for protection Nick Kirwan says the industry has been delivered a heavy blow over pension term assurance and with nobody knowing what is round the corner, the wrong messages are being sent out to customers.

Wringing the changes

Here’s a tip – never trust what a life company senior executive tells you.


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