Back to January 2018

New mortgage calculators add up to better service from Leeds

Two mortgage calculators for brokers on Leeds Building Society’s website are now easier to use.

The Society has launched new and improved versions of its online lending affordability calculator and the monthly repayment calculator.

“These latest refinements to both calculators are part of ongoing improvements to make our service as easy and straightforward as possible,” said Martese Carton, Leeds Building Society’s Head of Intermediary Distribution.

“We work very hard to be responsive to feedback and have listened to intermediaries’ comments and the types of inquiries we regularly receive, which led to us extending the calculators’ functionality.

“The improved affordability calculator gives a more accurate borrowing range and now covers more types of lending, including Buy to Let, second properties and to self-employed borrowers.”

The calculators’ relaunch follows work throughout 2017 by Leeds Building Society to improve its intermediary lending proposition, including a dedicated webpage to ease the transition for intermediaries ahead of the new Prudential Regulation Authority rules affecting portfolio landlords last autumn. The Society also created a new tool for lending into retirement business.

Ends

Notes to Editors

To discuss a new case with one of our mortgage development team, mortgage introducers should go to www.leedsintroducer.co.uk to find details of their nearest Business Developer contact.

Leeds Building Society won the title of Best Shared Ownership Mortgage Lender in the 2017 What Mortgage Awards, its second consecutive year of success in this category.

Leeds Building Society operates throughout the UK, Gibraltar and Ireland and has assets of £17.3bn at 30th June 2017 (£14.9bn at 30th June 2016). The Society’s head office has been based in the centre of Leeds since 1886.