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:
Mortgage Product Updates
We’re making some changes to our new lending and existing customer mortgage range. These changes affect new mortgage applications and new rate switch applications only.
Key Product Updates – New Lending
Buy to Let and Portfolio BTL products introduced at 60% LTV.
Shared Ownership products introduced at 85% and 90% borrower share.
End dates on 5 year Residential, Reach, Interest Only Interest Only Part & Part and Retirement Interest Only Mortgages Extended.
New Residential 5 year 95% LTV products introduced.
Key Product Updates – Existing Customer
End dates on 5 year Residential, Interest Only and Retirement Interest Only Mortgages Extended.
Residential 5-year 65% and 75% LTV rates increased.
Rate Switch applications must be submitted before the 15th of the month to support the new product taking effect from the 1st of the following month.
Mortgage Product Updates
We’re making some changes to our new lending mortgage range. These changes affect new mortgage applications only.
Key Product Updates
- Selected 2 year 75% LTV Residential fixed rate products increased by 0.15%
Products will be withdrawn from the system at midnight on Tuesday 12 November 2024 – see our latest updates for details. You’ll be able to apply for any new products from the stated launch date.