Leeds Building Society makes further mortgage rate improvements

Leeds Building Society has improved rates on a selection of its mortgages products, including affordable products aimed at first-time buyers.

The lender also made changes across its Shared Ownership, Shared Equity, Help to Buy and buy-to-let (BTL) products, with reductions of up to 0.55%.

Hightlights from the new range include a Shared Ownership 5-year fixed rate mortgage at 5.49% up to 90% loan-to-value (LTV) and a Shared Ownership 2-year fixed rate at 6.04% up to 95% LTV.

Sean Hanson, senior mortgage manager at Leeds Building Society, said: “As a key lender in the affordable housing sector, our purpose is to put homeownership within reach of more people, and part of that goal is ensuring we can keep them in their homes.

“Our decision to improve rates on products shows further support for affordable housing schemes and homebuyers looking to step onto the housing ladder.”