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 and new rate switch applications only.
Key Product Updates – New Lending
Selected Residential, Interest Only and Retirement Interest Only fixed rates reduced by up to 0.40%.
New Residential five-year 85-95% LTV fixed rates launched.
New fee free Interest Only fixed rates launched.
Selected Buy to Let/Portfolio Buy to Let fixed rates reduced by up to 0.30%.
Key Product Updates – Existing Customer
Selected Residential, Interest Only and Retirement Interest Only fixed rates reduced by up to 0.40%.
Residential and Interest Only one-year end dates extended to November.
Selected Buy to Let/Portfolio Buy to Let fixed rates increased or reduced.
Any applications on withdrawn products must be submitted by midnight Tuesday 15th August – see our latest updates for details.
Mortgage Product Updates
We’re making some changes to our mortgage range. These changes affect new mortgage applications only.
Key product updates
Limited Company Buy to Let (BTL) fixed rates reduced by up to 0.16%
New Limited Company BTL 75% LTV fixed rates with a £4,999 fee.
Limited Company BTL <5 Year like-for-like remortgage now stress tested at Product Rate (min. 5.00%).
Any applications on withdrawn products must be submitted by midnight Sunday 20th August – see our latest updates for details.