Leeds Building Society Lowers Fixed Mortgage Rates and Expands Product Choice: August 2025 Updates

Leeds Building Society Mortgage Products: Fresh Updates for August 2025

Leeds Building Society has announced significant improvements across its mortgage product portfolio, offering new lower rates and increased flexibility for both new and existing borrowers. This update is particularly relevant for UK homeowners, investors, and those seeking their first mortgage or considering a remortgage. Whether you’re buying your first home, looking to switch rates, or adding to your property portfolio, these changes could mean reduced monthly payments and greater access to lending solutions.

Key Mortgage Rate and Product Changes

• Residential Fixed Rates: Reduced by up to 0.35% on selected products, making them some of the most competitive fixed-rate mortgages on the market.
• Income Plus Fixed Rates: Reduced by up to 0.15% on selected options—ideal for applicants with varying or non-traditional incomes.
• New 95% LTV Products: Available for both Residential and Income Plus mortgages, providing more solutions for buyers with smaller deposits.
• Affordable Housing Mortgages: Fixed rates reduced by up to 0.12% and now extended for applications until December—enabling budget-conscious buyers to benefit from longer fixed-rate security.
• Buy to Let & Portfolio Buy to Let: Fixed rates reduced by 0.05% and extended to December, supporting landlords and property investors with sharper rates and longer application windows.

Updates for Existing Customers

• Affordable Housing Fixed Rates: Decreased by 0.10% on select deals.
• Buy to Let Fixed Rates: Lowered by 0.05% for existing landlords and portfolio holders.
• Extended Deadlines: Affordable Housing and Buy to Let fixed-rate products remain open for applications until December 2025.

Note: Existing borrowers can submit rate switch applications up to eight full working days before the month’s end for their new product to go live at the start of the following month.

• See latest existing customer rates
• Switch FAQs

Policy and Criteria Highlights

• Deposit Flexibility: New 95% LTV products broaden access for those with smaller deposits.
• Income Plus Range: Suits those with complex or varied incomes (e.g., self-employed, multiple income sources).
• Affordable Housing Focus: Continued support for shared ownership and affordable housing schemes.
• Buy to Let: Updated portfolio and standard Buy to Let mortgages appeal to both first-time landlords and experienced property investors.

Special Promotions and Product Extensions

• Extended Application Windows: Many popular fixed-rate products are now available through to December 2025, allowing more time for borrowers to secure attractive rates.
• Rate Reductions: Across residential, affordable housing, and buy to let—benefitting a wide range of borrower scenarios from first-time buyers to landlords expanding their portfolios.

Who Benefits Most from These Leeds Building Society Updates?

• First-Time Buyers: 95% LTV options provide more accessible pathways onto the property ladder.
• Homeowners Looking to Remortgage: Take advantage of the lowered fixed rates for possible reductions in monthly repayments.
• Buy to Let Investors: Reduced rates and extended deadlines offer flexibility for both new entrants and seasoned landlords.
• Applicants Using Affordable Housing Schemes: Cheaper mortgages and product longevity help with planning and budgeting.
• Applicants with Non-Standard Incomes: Income Plus range is built to cater for contractors, freelancers, and those with variable earnings.

Why Choose Leeds Building Society?

• Competitive Pricing: Among the lowest fixed rates offered in the current UK mortgage market.
• Broad Lending Criteria: Support for first-time buyers, shared ownership, landlords, and clients with complex incomes.
• Flexible Products: 95% LTV options and long application windows create greater borrowing opportunities.
• Proven Track Record: Trusted, well-established UK building society regulated by the FCA and PRA.

Next Steps: Get Personalised Mortgage Advice

If you’d like to explore how these Leeds Building Society updates might help you—whether you’re buying, moving, remortgaging, or investing—reach out to our expert mortgage advisers. We can compare all available products and identify your best options tailored to your circumstances.

• Contact us today for up-to-the-minute mortgage advice and your free eligibility check.

Frequently Asked Questions (FAQs)

• Who qualifies for Leeds Building Society’s 95% LTV mortgage products?
  Most first-time buyers and home movers with a minimum 5% deposit may qualify, subject to affordability checks and credit status.
• How will these rate changes affect my monthly payments?
  Lower fixed rates could mean reduced monthly mortgage payments, especially if you’re remortgaging or switching from a higher rate. Ask us for an exact calculation.
• Is Leeds Building Society a good choice for buy to let mortgages?
  Yes, Leeds offers reduced rates and flexible criteria for both new and experienced landlords, plus options for portfolio investors.
• Can I access these new deals if I’m an existing customer?
  Existing customers can apply for new rate switches or additional borrowing on eligible products. Application processes and deadlines apply.
• How do I find out if I’m eligible or get started with an application?
  Contact our brokerage for a free eligibility assessment and to start your application—our advisers will guide you every step of the way.