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 mortgage range. These changes affect new mortgage applications only.
Key product updates
- Residential 2 Year 4.34% fixed rate at 75% LTV withdrawn.
Any applications on withdrawn products must be submitted by 18.00 Thursday 4 May – see our latest updates for details.
Key product updates
- Five-year Residential, Interest Only and Retirement Interest Only end dates extended to August.
- Shared Ownership, First Homes, Right to Buy, Help to Buy and Shared Equity end dates extended to September.
- Buy to Let, Portfolio BTL, Holiday Let & HMO end dates extended to September.
- Selected rates increased by up to +0.18% or reduced by up to -0.20%.
- Selected 5 Year fixed rates withdrawn.
Any applications on withdrawn products must be submitted by midnight Monday 8 May – see our latest updates for details.
We’ve set up a pioneering partnership with Experian Boost
We’ve become the first UK mortgage provider to partner with Experian Boost, allowing your clients to provide further proof of a good financial track record – and possibly improve their chances of getting a mortgage with us.
This free service from credit reference agency Experian uses open banking technology to allow your clients to potentially ‘boost’ their credit scores*.
Experian Boost factors in aspiring homeowners’ regular banking activity such as council tax payments, and subscriptions to services like Netflix and Amazon – which aren’t usually considered in credit checks.
We’re committed to making home ownership a reality for more people than ever. And this is another move that could provide a much-needed boost for those who need it.
*Not all credit scores will increase with Experian Boost. Not all lenders factor Experian Boost into mortgage applications.
Mortgage Product Updates
We’re making some changes to our mortgage range. These changes affect new mortgage applications only.
Key product updates
- Selected Residential fixed/tracker rates increased by up to 0.13%.
- Residential tracker end dates extended to August.
- Residential, Buy to Let and Portfolio Buy To Let trackers increased by 0.25% in line with the latest Base Rate rise.
Any applications on withdrawn products must be submitted by 18:00 Thursday 11 May – see our latest updates for details.