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Leeds launches 3-year BTL discounted mortgage

Leeds Building Society is launching a new three-year buy-to-let discount mortgage at 4.99 per cent up to 80 per cent LTV.

The product has no higher lending charge and 10 per cent capital repayments are allowed each year without penalty.

There is also a fee-free version with a valuation up to 335 and a free house legal service for remortgages.

Corporate relationship manager Jeff Kirk says: We have looked at our product range carefully to introduce this buy-to-let discount. There is no higher lending charge and 10 per cent capital repayments are allowed each year without penalty.

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