Mortgages

Warning: Your home may be repossessed if you do not keep up repayments on your mortgage.

Buying a new home or re-mortgaging are big, important events in life. For over 130 years we have been offering mortgages that meet members’ specific needs and constantly innovating to meet the changing markets.As well as a wide range of different products, our vast experience means we can guide you by phone or in branch, every step of the way, helping you choose the right product for your circumstances. **

Why choose Leeds Building Society for your mortgage?

  • over 100 products in our range
  • a community of over 130,000 mortgage customers
  • more than 19,000 mortgages processed in 2013 alone
  • customer overall satisfaction rating of 91% (between July & Sept 2013)*
  • wide range of products including specialist products

*Data collected from 600 respondants between July & Sept 2013 by Explain Market Research Limited on behalf of Leeds Building Society.

**If you apply for a mortgage online you will not receive advice from Leeds Building Society. You will need to make your own choice about which mortgage is suitable for you and we will not assess the suitability of that mortgage to your needs and circumstances. You will not benefit from the protections offered by an advised service. This is called an execution only transaction. If you would like to receive advice from us please call into one of our branches (find a branch) or contact us on 08450 50 50 62.

Existing Customers

Is your initial mortgage deal coming to an end?
Are you currently on our Standard Variable Rate (SVR)?

If so, then you may be able to save money by switching to one of our mortgages specifically created for existing customers.

Find out more

Our mortgage types

  • Fixed Rates

    Avoid any surprises with our fixed rate mortgages. Your payments will stay the same for a fixed term, after which your mortgage switches to the Society’s Standard Variable Rate (SVR) for the remaining mortgage term. Rates may vary but yours will be fixed.

    Features include:

    • Fixed interest rate for set term, although if interest rates go down you will not benefit from any reduction.
    • Interest rate you are charged is guaranteed for the fixed term.
    • Peace of mind as you know exactly how much you will be paying each month.
    • Tapered early repayment charges will apply for the duration of the fixed rate period.
    View products
  • Tracker Rates

    Choose from our range of tracker mortgages, where your interest rate is a fixed percentage above the Bank of England’s Base Rate for a fixed period of time and then changes to the Society’s SVR for the remaining mortgage term.

    Features include:

    • Varying interest rates, which means that payments will go up and down in line with the Bank of England’s Base Rate.
    • Chance to overpay when rates are low (subject to product terms and conditions).
    • These products are only available for house purchases or for customers remortgaging from another lender, and must be applied for on a repayment basis.
    • Tapered early repayment charges will apply for the duration of the tracker rate period.
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  • Discounted mortgages

    Our discount mortgages give you a discount off our SVR for a fixed period of time.

    Features include:

    • Lower interest rate for a fixed period.
    • These products are only available for house purchases or those remortgaging from another lender.
    • The discounted interest rate may go up or down during the fixed period, but will be lower than our SVR. At the end of the discounted period, your mortgage switches to our SVR for the remaining mortgage term.
    • Tapered early repayment charges will apply for the duration of the discounted rate period.
    View products
  • Variable Rates

    We have a range of variable rate mortgages, including our SVR, Buy to Let Variable Rate and Offset Variable Rate. Please be aware that variable rates may vary in accordance with our mortgage terms and conditions.

    Features include:

    • Range of rates available depending on your circumstances.
    • Unlimited capital repayments allowed.
    View products
  • Buy to Let

    Increase your property portfolio with our Buy to Let mortgages. They are available for house purchases or those looking to remortage.

    Features include:

    • Wide range of options available.
    • Fees assisted option available.
    • Tapered early repayment charges will apply for the duration of any fixed rate or discounted rate period.
    View products
  • Shared Ownership/Equity Mortgages

    Get your foot on the ladder with a reduced initial deposit, and potential to purchase additional shares when you can afford to.

    Features include:

    • Smaller deposit required than most mortgages.
    • Great for first time buyers.
    • With our shared ownership products you can purchase a % of the property but you can purchase up to 100% in the future.
    • The overall cost for comparison is 5.9%. The actual rate available will depend upon your personal circumstances. Ask for a personalised illustration.
    • Tapered early repayment charges will apply for the duration of any fixed rate or discounted rate period.
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  • Welcome mortgage

    Our unique Welcome mortgage offers 0% interest for the first 3 or 6 months, to help you purchase your home and still have money left for those improvements. Your remaining payments will be at a fixed rate for either 2, 3 or 5 years, after which your mortgage switches to our SVR for the remaining mortgage term.

    Features include:

    • No interest for up to 6 months.
    • Capital repayments still have to be made.
    • 2, 3 or 5 year fixed rates available, after which your mortgage switches to our SVR for the remaining mortgage term.
    • These products are only available for house purchases and must be applied for on a repayment basis.
    • Tapered early repayment charges will apply for the duration of the fixed rate period.
    View products
  • Holiday Let Mortgages

    Helping you afford that second home for holiday rentals, with our Holiday Let mortgages.

    Features include:

    • Dedicated range of mortgages for holiday lettings.
    • Competitive fixed rates available.
    • Tapered early repayment charges will apply for the duration of any fixed rate or discounted rate period.
    View products
  • Offset rates

    Perfect for reducing the amount of interest you pay on your mortgage. Offset the credit balance in your savings account against the debit balance on your mortgage, and only pay interest on the difference. We have a range of offset mortgages available, including fixed, discounted and variable rates.

    Features include:

    • Can reduce the interest you pay.
    • Make the most of your savings.
    • Chance to pay off your mortgage sooner (subject to product terms and conditions).
    • Tapered early repayment charges will apply for the duration of any fixed rate or discounted rate period.
    View products

Need help deciding on a mortgage product?

View our Mortgage guide