Please note: Leeds Building Society only accepts mortgage applications from intermediaries where they are providing an advised sales service, with the exception of Buy to Let & Holiday Let applications. It is the responsibility of the intermediary to ensure that all applicable law including, without limitation, the Financial Conduct Authority rules on advised mortgage sales are complied with including, without limitation, the provision of adequate explanations.

News 2012

Speed Up Your Processing with our Downloadable Forms Page

We have a range of downloadable forms via our printable forms tab to help speed up your processing…

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New Range of Mortgages for Northern Ireland

The new range includes a 2 year fixed rate, ideal for customers looking to re-mortgage and lock-in to low rates for the next two years. There are also Buy to Let…

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BTL in Northern Ireland

Please note that we are unable to offer the free remortgage service on BTL remortgages in Northern Ireland. Applicants will be…

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Borrowing Calculator

Please note when an applicant has income from self employed and employed sources, the Quick Borrowing Calculator on our website needs you to put ALL…

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Buy to Let free legal product (House of Multiple Occupancy - HMO)

Please note that the Society’s Remortgage Unit cannot act in these cases and if you choose a product with free legal’s the applicant will have to…

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Important message – changes to lending criteria

Various changes have been made to the Society’s Lending criteria…

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Update to the Society’s affordability calculator

The Society changed the way mortgage applications were assessed, from Income Multiples to an ‘Affordability’ approach, in April, 2012…

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Data Accuracy - Affordability

Following the change to the use of a full affordability model earlier this year, we are seeing cases where the application data input (particularly around…

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Shared Ownership - Memorandum of Sale

A Memorandum of Sale is required for all Shared Ownership applications and must be submitted as part of our minimum submission requirements. We will not…

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Changes to UK Lending Criteria

Changes have been made to the Lending into Retirement, definition of prime and second properties criteria…

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Borrowing Calculator - Guarantor Cases / Second Properties

Please note that the borrowing calculator should not be used to assess the affordability / borrowing capacity for guarantor applications and…

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Change of Property Address

Please note if you require a change of property address then this will require the original case to be cancelled and a new case…

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Shared Equity/Ownership changes to age limit

With immediate effect, the maximum age at the end of the term for a Shared Ownership and Shared Equity mortgage…

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Changes to UK Lending Criteria

In order to adopt a consistent approach to the treatment of other income sources, the policy has been updated to state the maximum amount of other allowable income…

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Certification Of Supporting Documentation

A new form has been introduced to allow you to certify a batch of supporting documentation rather than each individual page…

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Changes to UK Buy to Let Lending Criteria

We have responded to industry changes to the Buy to Let market, and have made the following change to the Society’s Buy to Let criteria…

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Affordability

We have improved the way that we assess how much applicants can borrow and whether they can afford the loan amount requested…

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Changover to AFFORDABILTY calculation

From Monday 16th APRIL 2012, we will be changing the way we assess mortgage applications from Income Multiples, to Affordability calculation…

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Changes to Interest Only Criteria Excluding Buy to Let loans

The following change has been made to the Society’s interest only criteria.

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Reminder of minimum packaging requirements for all cases

Details of our minimum packaging requirements, including PDF forms, required information and guidance…

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Important Message - Changes to UK Lending Criteria

Where the repayment strategy is sale of property the Max LTV is 50% and must have equity of at least £150,000 in the property…

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