Leeds Building Society have announced a broker update, available below. The Leeds Building Society products are available through our direct to lender mortgage club so contact us to see how we help brokers like you across the UK.
View the latest products here or visit the Leeds Building Society website.
Announcement:
Welcome to the new home of Limited Company Buy to Let
Our new Limited Company Buy to Let option has arrived!
It offers:
Flexibility and choice
Up to 4 directors and shareholders can be named on the application
Non-director shareholders accepted
Up to 80% LTV
Newly established SPVs accepted
Terms and Conditions will apply
Easy admin
A purpose-built application platform
End-to-end case tracking for easier case progression
5 star service
Dedicated BDM support and our award-winning* 5 Star service
Access to a specialist team of underwriters after an application has been submitted
A dedicated solicitor panel with full coverage across England, Wales and Scotland (product not available for properties or companies registered in NI)
Be one of the first to register for Mortgage Extra, our bespoke platform to manage cases end to end.
What you need to know:
What is Mortgage Extra?
We’ve created Mortgage Extra to simplify the application process for Limited Company Buy to Let and get your clients completed faster. It comes with a case dashboard to view and manage applications end to end. You’ll need to register on Mortgage Extra to place Limited Company Buy to Let business.
What about Mortgage Hub?
Don’t worry – Mortgage Hub isn’t going anywhere!
Mortgage Extra is exclusively for Limited Company Buy to Let, so you’ll continue to place other mortgage business on Mortgage Hub.
How do I get access?
You can register for Mortgage Extra here, but make sure you’re registered on Mortgage Hub first.
Still have questions?
Find out more about our products or contact our Business Development Team locally, by phone or via Broker Chat.
Mortgage Product Updates
We’re making some changes to our mortgage range. These changes affect new mortgage applications only
Key product updates
Selected Buy to Let & Affordable Housing fixed rates increased.
Selected Buy to Let & Portfolio BTL products withdrawn and 2 Year 60% fee-free product introduced.
Help to Buy, Right to Buy and Shared Equity fee-free products introduced.
Buy to Let stress rates increased (effective Thursday 13 July) – please see the additional tab for more details.
Any applications on withdrawn products must be submitted by midnight Wednesday 12 July – see our latest updates for details.
Our latest mortgage product update
We’re making some changes to our mortgage range. These changes affect new mortgage applications only.
Key product updates
Residential fixed rates increased.
Any applications on withdrawn products must be submitted by midnight Thursday 13 July – see our latest updates for details.