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:
Our latest mortgage product update
We’re making some changes to our new lending and existing customer mortgage range. These changes affect new mortgage applications, new rate switch applications and new additional borrowing applications only.
Key Product Updates – New Lending
- Selected Residential fixed rates reduced
Key Product Updates – Rate Switch
- Selected Residential fixed rates reduced
Key Product Updates – Additional Borrowing
- Selected Residential & Green Residential fixed rates reduced
Any applications on withdrawn products must be submitted by midnight on Tuesday, 2 June 2026 – see our latest updates for details. You’ll be able to apply for any new products from the stated launch date.
We’re making some changes to our existing customer mortgage range. These changes affect new rate switch applications only.
Key Product Updates – Rate Switch
- Selected Residential, Buy to Let and Affordable Housing products withdrawn
- New Residential, Buy to Let and Affordable Housing Cashback products introduced
Any applications on withdrawn products must be submitted by midnight on Monday, 1 June 2026 – see our latest updates for details. You’ll be able to apply for any new products from the stated launch date.
Welcome to the Month in a Minute
It’s the latest Month in a Minute – your 60-second briefing on what’s been happening at Leeds Building Society in May.
On the agenda this month:
- The much-talked-about Renters’ Rights Act
- Our newly expanded Income Plus mortgage range
What Renters’ Rights Act could mean for your clients
We’ve been in conversation about the Renters’ Right Act which launched on 1 May. Over 70% of people who responded to our latest LinkedIn poll said they didn’t think landlords were prepared for the rental reforms. Are yours?
Louise Drummond, our National Intermediary Development Manager, says: “Brokers may see increased demand for guidance on portfolio structuring, risk management and support for landlords trying to navigate a more complex regulatory landscape.”
Louise breaks down the key changes and what they really mean for landlords in our latest social media video – check it out here.
Income Plus now up to 6x LTI
It’s not just first time buyers (FTBs) who face property challenges. That’s why we’ve opened up our Income Plus product to home movers and remortgagers.
We asked* first time homeowners what’s stopping them from making that next move. Our survey said:
- 77% would move home sooner if they could borrow more
- Nearly 40% feel like they can’t access enough guidance or financial support when trying to move to a larger home
- 28% feel they are less supported by mortgage lenders when seeking to upsize
This is despite 62% saying they expect to have outgrown their existing home within three years. 78% expect to outgrow their home within four years.
That’s why we’ve expanded our Income Plus beyond just FTBs.