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 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 Affordable Housing fixed rates increased.
Selected Shared Ownership products withdrawn without replacement.
Discounted reversion periods removed on all products, except Limited Company Buy to Let.
End dates extended across the Affordable Housing and Buy to Let ranges.
Key Product Updates – Existing Customer
Buy to Let fixed rates reduced up to 0.20%.
Shared Ownership fixed rates reduced up to 0.25%.
Selected Second Homes fixed rates increased.
Discounted reversion periods removed on all products, except Limited Company Buy to Let.
End dates extended across the Affordable Housing and Buy to Let ranges.
Residential fixed rate increased.
Key Product Updates – Additional Borrowing
Shared Ownership fixed rates reduced up to 0.25%.
Selected Buy to Let products withdrawn without replacement.
Discounted reversion periods removed on all products.
End dates extended across the Affordable Housing and Buy to Let ranges.
Products will be withdrawn from the system at midnight Wednesday 15 October – see our latest updates for details. You’ll be able to apply for any new products from the stated launch date.