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Wednesday, April 28, 2010

New 3yr fix at 4.58%

Leek United are back, Leek United are back....WOOOW WOOOOW!

No......not the football team. I'm talking about Leek United Building Society who make a welcome return to the buy-to-let mortgage market this week.

They have launched two fixed rate products, effectively a 2 and 3 year fixed at 4.58%.

Most appealing to landlords is the fact that both products are available up to 75% LTV and unusually they are available to first time landlords, making them particularly attractive to aspirant landlords looking for finance.

The fee is also pretty reasonable at £995.

This mortgage scores 4 stars rating from Moneyfacts and is also listed as a best buy.

United look to have scored with this buy-to-let mortgage! Sorry couldn't resist it.........

NEW FIXED RATE MORTGAGES: 4.58% to 31.7.12, max 75%, fee £995; 5.59% to 31.7.13, max 75%, fee £995, both with refund valuation & £250 rebate.

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