Leeds BS cuts mortgage rates by up to 0.55%

Leeds Building Society has improved rates on a selection of its mortgages products.

Including affordable products aimed at first-time buyers, the range improvement also spans across shared ownership, shared equity, Help to Buy and buy-to-let products with reductions of up to 0.55%.

Highlights include a five-year fixed rate shared ownership product at 5.49%, available up to 90% LTV with no fees.

A two-year shared ownership product has also reduced to 6.04% up to 95% LTV with a £999 fee.

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.”