Leeds Building Society has reduced the rates on a variety of its mortgage products, including those designed to be affordable for first-time homebuyers. These rate reductions apply to shared ownership, shared equity, help-to-buy, and buy-to-let mortgage products, with cuts of up to 0.55%.

The new offerings consist of a five-year fixed-rate mortgage for shared ownership with an

Initial rate of 5.49%

Borrower share of 90%

No fees.

There’s also a two-year fixed-rate mortgage for shared ownership with an initial rate of 6.04%, until 31 January 2026

Borrower share of 95%

A £999 fee.

Leeds Building Society, as a significant player in the affordable housing sector, aims to make homeownership more accessible and is committed to helping individuals stay in their homes.

The decision to reduce rates on these products demonstrates the society’s continued support for affordable housing initiatives and prospective homebuyers seeking to enter the property market.

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