Back to August 2016

More choice in Help to Buy mortgages from Leeds Building Society

Leeds Building Society has refreshed its competitive range of Help to Buy equity (HTB1) mortgages and extended the choice of fees assisted deals.

The Society has added market leading two year fixed rate mortgages for HTB1 borrowers in England and Wales:

  • At 1.60% with a £999 fee
  • At 1.85% with a £199 fee

The Society has also launched market leading five year fixed rate mortgages for HTB1 borrowers:

  • At 2.45% with a £999 fee
  • At 2.55% with a £199 fee

These products are all available up to 75% LTV, only through intermediaries, and each includes a free standard valuation.

“We’ve refined our range of Help to Buy mortgages since we joined the scheme in 2013, and provide a choice of fee and incentive combinations to suit borrowers’ individual circumstances at very competitive rates,” said Matt Bartle, Leeds Building Society’s Head of Products & Pricing.

“We were keen to join the scheme as part of our efforts to support borrowers who are not well-served by the wider market and we were the first lender to accept HTB remortgage applications.

“The feedback we’ve received from brokers about our Help to Buy range and the needs of this type of borrower has been useful in further developing our HTB proposition so we can help even more people to have the home they want.”


Notes to Editors

Leeds Building Society won the awards for Best Building Society Savings Provider and Innovation in Personal Finance (Part and part mortgages) at the 2016 Moneyfacts Awards.

The Society received the ‘Innovation Award (Lenders)’ at the Mortgage Finance Gazette Awards 2016, the third consecutive year it has won this category, as well as the award for ‘Product Innovation (Lenders)’.

The Society also has been named ‘Best Regular Savings Account Provider’ for the second consecutive year by independent consumer advice website Savings Champion.

Leeds Building Society has 65 branches throughout the UK, Gibraltar and Ireland and assets of £14.9bn (at 30th June 2016). The Society has operated from the centre of Leeds since 1886.