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:
Got a minute? Tell us what you think.
We’ve been sending our Month in a Minute newsletter for over two years, focusing on topics that we think matter to you – including our initiatives to help FTBs, as well as industry insights and market changes.
We want to make sure we’re providing you with the content you need, when you need it. So whether you want to tell us we’re getting it right, or if you have ideas for how we could make it better, we’d love it if you could take a few minutes to fill in a short survey.
Industry insights
“Policy changes are needed to support FTBs.” A Mortgage Business Expo (MBE) panel highlighted the importance of education, with calls for mandatory advice processes for FTBs and for mortgage finance to be introduced into the school curriculum. Reported in The Intermediary.
British Bulletin reports that Rachel Reeves’ proposed ISA tax allowance reduction could make ‘mortgages more expensive’.
The Financial Reporter has reported that half of UK first-time buyers are now taking on high LTV mortgages, with one in seven stretching to 95%+ LTV.
Society opinion & news
We’ve hit our three-year fundraising target of £300,000 for children’s charity Barnardo’s in just 18 months.
Over the past 18 months, we’ve taken part in a range of fundraising activities, including challenge events, skydives, golf days, and a dedicated fixed rate bond campaign.
Find out what these funds are going towards here.
When it comes to first time buyers, we don’t see a problem, we see an opportunity to help.
We’re tackling the challenges facing first time buyers to help you make your clients’ home ownership dreams come true. We’ve continued to improve our criteria, innovate our product range and focus on the tools, service and support we provide to you.
Learn more about our first time buyer range here.
We’re excited to be shortlisted for a couple of Moneyfacts awards. We’d really appreciate your vote to help us win gold!
You can vote for us in the following categories, by following the links below.
First-Time Mortgage Buyers’ Choice and High Street Mortgage Provider of the Year.