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.
We’re re-entering the 95% LTV residential market
We’re pleased to tell you we’re resuming lending at 95% LTV (loan to value) for our residential mortgages and are launching a number of new products. These will be available from tomorrow, Tuesday 13th April.
More good news, we’re also increasing our maximum LTV for new build flats to 80% LTV and new build houses to 90% LTV tomorrow.
Please note that on Tuesday 13th April a number of residential rates will increase by 0.26% for new customers.