Back to July 2015

More incentives to remortgage with Leeds Building Society

Leeds Building Society has introduced more home loans with incentives and no arrangement fees for borrowers seeking to remortgage.

Remortgage customers have the choice of any products from the Society’s wide range of mortgages but some borrowers stick with an uncompetitive deal because they are deterred by the perceived cost and inconvenience of switching.

The latest products to be launched come with free valuations, fees assisted legal services and no arrangement fees so borrowers can minimise the costs of moving to a better deal.

Highlights include:

  • Two year tracker mortgage at 1.95% available up to 75% LTV (loan to value)
  • Two year discount Help to Buy mortgage at 2.29% up to 75% LTV
  • Two year discount Buy to Let mortgage at 2.35% up to 60% LTV

“Some lenders will only allow borrowers with an existing mortgage to choose a specific ‘remortgage’ product,” said Martin Richardson, Leeds Building Society’s General Manager – Business Development.

“We don’t restrict borrowers in that way – you can choose a deal from across our range, which offers lots of combinations of LTV levels with different fees and incentives.

“We’ve launched these latest products for remortgagors whose priority is minimising the upfront costs of making the switch.”


Notes to Editors

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

Awards won by Leeds Building Society in the past 12 months include the ‘Innovation Award (Lenders)’ at the Mortgage Finance Gazette Awards 2015, in addition to being named ‘Best Intermediary Lender’, both for the second consecutive year. The Society also received the award for ‘Best Use of Technology (Lenders)’.

Leeds Building Society has 67 branches throughout the UK, Gibraltar and Ireland and assets of £12.1bn (as at 31st December 2014). The Society has operated from the centre of Leeds since 1886.