Leeds Building Society has extended its fixed rate buy-to-let deal, at 5.99% for two years available up to 80% LTV.

It has been extended until 31 January 2015.

There is no higher lending charge but comes with a £199 booking fee and £800 completion fee.

It has tapered early repayment charges of 3% of the amount redeemed in year one and 2% in year two.

10% capital repayments are allowed each year without penalty

Phil Coombes (pictured), Leeds Building Society’s head of intermediary sales said: “We are very pleased to be able to extend this competitive product, as we believe it’s a good time to lock into a low fixed rate.

“The Society has seen an encouraging response to its initial offering, and is confident about continuing to attract professional landlords who may wish to move onto a highly competitive rate and fix their monthly commitments.”