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.
Important update: changes to furlough income
Furlough income will no longer be taken into consideration when calculating affordability for applications submitted on or after today, Monday 1st February 2021.
Full applications submitted prior to this date will continue to be assessed on a case by case basis. All of the latest updates and criteria can be found on our dedicated page here.
Please remember, all new business cases need to be submitted through Mortgage Hub. If you haven’t already completed your set up for Mortgage Hub, you can do so here.
As always, if you have any new business cases you’d like to chat through then please feel free to get in touch with me directly. Alternatively, you can always speak to one of our Head Office BDMs, Monday to Friday, 9am to 5pm using our Broker Chat facility.