Building the future
Our north star (or our purpose)
We’ve been helping people save and get on the housing ladder for a long time (since 1875 to be exact). But in all those years, home ownership was never as unaffordable, inaccessible, and unavailable as it is now. It’s no surprise that home ownership has fallen by a third among 25 to 35 year olds1.
We’re on a mission to change this.
1Source: English Housing Survey, ‘2021-2022: headline report’, December 2022.
Rating for Leeds Building Society
We have your back
We’re putting home ownership within reach of more people, because every generation deserves to own a home. To give first time buyers a leg up onto the housing ladder, we’ve created mortgages and savings accounts with you in mind.
Our Home Deposit Saver could reward you with a £500 bonus (terms and conditions apply*) if you save towards a mortgage with us. Plus, we have 95% LTV mortgages for those struggling to pull a larger deposit together. Also make sure to check out our Shared Ownership range – they’re award winning for a reason.
Maybe you’ve been told you can’t afford a mortgage, but you’re already keeping up with regular payments for council tax and streaming services. We’re also working with Experian to use those payments to potentially boost your credit score and help you meet affordability criteria.
*To get the £500 bonus you'll need to get an offer from us for a residential mortgage, have a minimum of £2,500 in your account and have had the account open for over six months but less than five years.
Already own a home?
We know how hard you worked to own your home. Staying on the housing ladder can be tricky right now, but we’re here to help. And that’s not just something we say. Our mortgages are designed to support your next steps, so make sure to explore our range and find the right product for you.
If you’re ever worried about making your next payment, we already have ideas that could make your mortgage more affordable. All you need to do is reach out.
Savings that make a difference
We understand your savings need to work hard for you. That's why we've consistently paid above market average*, so you can earn more interest. Whether you're saving towards home ownership, your family's future or something else, we could help you reach your goals. But we're also a mutual, meaning your savings can open more doors and help others get on the housing ladder too.
*Source: CACI’s CSDB, Stock, January to December 2022, latest data available. CACI is an independent company that provides financial benchmarking data for the retail cash savings market.
We’re building a society to believe in
There’s never been a more important time to be a mutual than right now. In the midst of a cost of living crisis, rising bills and economic hardship, it’s important we step up and do something. We can’t build the future without laying foundations today. That’s why we don’t just offer savings accounts and mortgages – we actively work beyond this to make a difference across society.
Supporting communities beyond our savers
In order to fulfil our purpose of putting home ownership within reach of more people, generation after generation, we need to take action now. So, in 2023:
- More than half of new mortgages went to first time buyers – a record for the Society
- We donated over £1.1million to charities, causes and communities – including helping support groups who face extra barriers to home ownership
- We stopped lending on second homes and set in motion plans to cut back on holiday lets, helping give people a fairer chance of owning a home
- We invested in the development of energy-efficient homes that will save occupants money and contribute to a more sustainable future
Everyone deserves a place to call home
That’s just the start. We’ve worked throughout the year to put our money where our mouth is and drive change. Because we believe that everyone deserves a place to call home.
We’re fighting to make a difference by passing on more interest to our savings members , so there’s more money in their pockets. We’re helping more people climb and stay on the housing ladder by making routes to home ownership more accessible, affordable, and available.
Ultimately, we’re supporting the wider community that our savers, mortgage holders, and you live in to build a brighter future for everyone, not just our members.
Find out how we’re making change happen.
We have your back
We’re putting home ownership within reach of more people, because every generation deserves to own a home. To give first time buyers a leg up onto the housing ladder, we’ve created mortgages and savings accounts with you in mind.
Our Home Deposit Saver could reward you with a £500 bonus (terms and conditions apply*) if you save towards a mortgage with us. Plus, we have 95% LTV mortgages for those struggling to pull a larger deposit together. Also make sure to check out our Shared Ownership range – they’re award winning for a reason.
Maybe you’ve been told you can’t afford a mortgage, but you’re already keeping up with regular payments for council tax and streaming services. We’re also working with Experian to use those payments to potentially boost your credit score and help you meet affordability criteria.
*To get the £500 bonus you'll need to get an offer from us for a residential mortgage, have a minimum of £2,500 in your account and have had the account open for over six months but less than five years.
Already own a home?
We know how hard you worked to own your home. Staying on the housing ladder can be tricky right now, but we’re here to help. And that’s not just something we say. Our mortgages are designed to support your next steps, so make sure to explore our range and find the right product for you.
If you’re ever worried about making your next payment, we already have ideas that could make your mortgage more affordable. All you need to do is reach out.
Savings that make a difference
We understand your savings need to work hard for you. That's why we've consistently paid above market average*, so you can earn more interest. Whether you're saving towards home ownership, your family's future or something else, we could help you reach your goals. But we're also a mutual, meaning your savings can open more doors and help others get on the housing ladder too.
*Source: CACI’s CSDB, Stock, January to December 2022, latest data available. CACI is an independent company that provides financial benchmarking data for the retail cash savings market.
We’re building a society to believe in
There’s never been a more important time to be a mutual than right now. In the midst of a cost of living crisis, rising bills and economic hardship, it’s important we step up and do something. We can’t build the future without laying foundations today. That’s why we don’t just offer savings accounts and mortgages – we actively work beyond this to make a difference across society.
Supporting communities beyond our savers
In order to fulfil our purpose of putting home ownership within reach of more people, generation after generation, we need to take action now. So, in 2023:
- More than half of new mortgages went to first time buyers – a record for the Society
- We donated over £1.1million to charities, causes and communities – including helping support groups who face extra barriers to home ownership
- We stopped lending on second homes and set in motion plans to cut back on holiday lets, helping give people a fairer chance of owning a home
- We invested in the development of energy-efficient homes that will save occupants money and contribute to a more sustainable future
Everyone deserves a place to call home
That’s just the start. We’ve worked throughout the year to put our money where our mouth is and drive change. Because we believe that everyone deserves a place to call home.
We’re fighting to make a difference by passing on more interest to our savings members , so there’s more money in their pockets. We’re helping more people climb and stay on the housing ladder by making routes to home ownership more accessible, affordable, and available.
Ultimately, we’re supporting the wider community that our savers, mortgage holders, and you live in to build a brighter future for everyone, not just our members.
Find out how we’re making change happen.
