News

Thanks for helping us achieve 5 stars in the Financial Adviser Service Awards!

We’re thrilled to announce we’ve been awarded 5 Stars in this year’s Financial Adviser Service Awards – as voted for by intermediaries.

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An update on our mortgage lending

We’ve done everything possible to keep mortgages available across all our lending types, despite the volatility in the market. However, with increased demand caused by the reduction in availability of competitive products, it hasn’t been possible to maintain a full new lending range.

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New EPC legislation: what does it mean for Buy to Let landlords?

While proposed changes to Buy to Let (BTL) green legislation may cause landlords to rush into selling off low quality EPC stock, improving the energy efficiency of their existing rentals may in fact be a better option. Paul Braithwaite, Commercial Development Lead at Leeds Building Society, shares his thoughts.

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We've expanded our Holiday Let product criteria, putting us in reach of more of your clients

We’ve made some key changes to our Holiday Let criteria that will provide improved affordability assessments to your holiday letting clients. Enabling you to offer our Holiday Let products to even more people.

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Our half-year financial results

We have now published our financial results for the first half of 2022. We’re proud to have helped thousands of first time buyers onto the property ladder and focused on our savings members by paying competitive interest rates. We’ve also made it easier for you to do business with us.

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Withdrawal from second homes lending

Leeds Building Society is withdrawing from new lending on second homes to focus more of its efforts on helping people onto the housing ladder.

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We've improved affordability for the most energy efficient new build homes

We now have access to more detailed data about projected energy savings for some new build homes, so we’ve improved our affordability assessment – making energy efficient new builds a more attractive option for homebuyers.

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Two new improvements to Mortgage Hub

Following three key improvements to our Mortgage Hub platform earlier this year, we’ve now made further upgrades to help you update previously submitted applications and send us new build cases hassle-free.

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Vote for Leeds Building Society in the Financial Adviser Service Awards

We’re committed to providing a great service to brokers and your clients. We’ve listened to your feedback and made changes to improve our customer journey.

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We're making changes to our Buy to Let stress rate

Landlords who opt for a 5 year fixed rate term or longer will now benefit from a decrease in our stress rate for Buy to Let (BTL) mortgages.

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The Homes for Ukraine scheme

The UK government has announced the new Homes for Ukraine scheme to support refugees fleeing the conflict in Ukraine. We fully support this scheme and we’ll make it as simple as possible for those who want to take part and be a sponsor.

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We're making more changes to make things easier

We’re committed to making changes to our technology that make business easier for brokers. For example, last year we integrated our Mortgage Hub platform with leading sourcing systems and now we’re improving our technology even more - giving you more time to handle workloads, interact with clients, and manage more complex cases.

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Shared Ownership shows signs of growth outside London

First time buyers outside of London are increasingly using Shared Ownership as a way to get on the property ladder, according to our new data.

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Martese Carton to head up our national mortgage teams

We’ve appointed Martese Carton to the newly-created role of Director of Mortgage Distribution, in which she’ll lead both our broker and direct mortgage teams nationally.

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Our annual results

We’re pleased to report on a strong and successful performance for 2021. As we faced continued challenges, we were able to remain committed to supporting you and your customers. Read our annual results press release

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A market without Help to Buy

Sean Hanson, Senior Product and Pricing Manager - Affordable Housing, gives his thoughts on a market without Help to Buy.

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