Improving the housing market
Homes must become more affordable, accessible and available. We’re doing all we can to make this happen, but we can’t fix the housing crisis alone. We need real change in the housing market to improve supply long term. That’s why we’re working closely with the housing industry and the government, so we can continue to put home ownership within reach of more people for generations to come.
Everyone deserves a home
Buying a home has never been easy, but it's also never been as hard as it is right now. In fact, it now takes renters about ten years to save for a deposit*. The research we’ve commissioned shows that the challenge facing first time buyers has become much steeper in the past 40 years. A long-term plan is needed.
How we're doing our bit
Every 16 minutes we help someone buy a home**. And 1 in 3 of our mortgages goes to a first time buyer. But it’s not just down to us. This year, our savings members have helped over 9,000 first time buyers onto the ladder**. Because we’re a mutual, our savings customers help support our mortgage customers. So you know your savings are working harder too.
We're building a society to believe in. Join us.
Read our home ownership research
*Source: Generation Rent: ‘Saving for a mortgage deposit now takes a decade’, July 2023.
**Based on Leeds Building Society figures for new mortgage members between 1 Jan 2023 to 31 July 2023.