Leeds Building Society two-year fixed-rate buy-to-let mortgage 'highly competitive'

Date:Thursday 15th July 2010
Author: Max Freedman

The interest rate offered on the Leeds Building Society two-year fixed-rate buy-to-let mortgage has been lauded by a spokesperson for the organisation.

Kim Rebecchi, sales and marketing director at the firm, claimed that it may currently be a good time for people to fix their mortgages, since house prices and interest rates are at a low level.

In her view, the Leeds Building Society two-year fixed-rate buy-to-let mortgage delivers a competitive rate and peace of mind regarding monthly payments.

"This product will attract professional landlords, who may wish to move onto a highly competitive rate and fix their monthly commitments," she remarked.

The company has also just announced that it has reduced the interest on this property finance arrangement to 4.89 per cent.

Last week, Leeds Building Society unveiled a new range of five-year fixed-rate mortgages, which offer the option to pay up to ten per cent of the capital every 12 months.