Leeds Building Society Mortgage Rates Cut and Product Range Extended – July 2025 Update

Leeds Building Society Mortgage Rates – Latest July 2025 Cuts and Extensions

Leeds Building Society mortgage rates have been reduced as of July 2025, alongside a wider range of product updates. These include lower fixed-rate deals and longer end dates for both Affordable Housing and Buy to Let mortgages. First-time buyers, landlords, and existing customers stand to benefit from improved affordability and flexibility.

Key Leeds Mortgage Rate Reductions and Product Changes

• Selected Affordable Housing fixed rates reduced by up to 0.21% for new lending
• Buy to Let and Affordable Housing fixed rates extended to October 2025
• Existing customers benefit from Affordable Housing rate cuts of up to 0.20%
• Additional borrowing on Affordable Housing fixed rates also reduced (up to 0.20%)

Applicants can now access reduced mortgage rates and extended fixed terms, making this an ideal opportunity to secure a competitive deal or borrow more affordably.

Who Benefits from These Leeds Building Society Mortgage Updates?

• First-time buyers using government or affordable homeownership schemes
• Buy to Let landlords looking to fix mortgage costs until late 2025
• Current Leeds Building Society customers eligible to switch rates or borrow more affordably

Rate Switch Criteria and Policy Reminders

While the latest news focuses on rate reductions and term extensions, it’s important to keep in mind:

• New applications must be submitted promptly; previous versions are withdrawn by midnight 24 July 2025.
• Rate switch requests should be submitted at least 8 working days before month-end to apply from the 1st of the following month.

If you’re planning a rate switch or further advance, act now to benefit from the updated Leeds Building Society mortgage rates.

Unique Features of Leeds Building Society Mortgages

• Extended fixed-rate end dates: Lock in your rate through October 2025 for long-term certainty.
• Reduced rates for affordable housing and further advances: Lower repayments for those using shared ownership or similar schemes.

Why Choose Leeds Building Society Mortgage Products in 2025?

• Strong track record with affordable housing borrowers
• Competitive fixed-rate offers for movers and landlords
• Simplified processes for product transfers and further borrowing

Leeds Building Society remains a go-to lender for borrowers using government-backed schemes and seeking competitive mortgage options.

How to Make the Most of These New Rates

Whether you’re a first-time buyer, landlord, or existing Leeds customer, these updated fixed-rate products offer great opportunities. Speak to our mortgage team for personalised support and guidance.

Want to compare more options? Visit our Mortgage Rate Comparison Tool or explore our Affordable Housing Mortgage Guide.

Contact us today to secure your new Leeds Building Society mortgage rate.

Frequently Asked Questions (FAQs)

• Who qualifies for Leeds Building Society’s Affordable Housing fixed rates?
  These are designed for first-time buyers or movers using government-backed affordable housing schemes, such as shared ownership or Help to Buy.
• How do these rate reductions affect my monthly repayments?
  A reduction of up to 0.21% lowers the interest portion of repayments, helping you save overall throughout the fixed-rate period.
• Can existing Leeds customers switch to a better rate?
  Yes, eligible existing customers can apply for a rate switch. Submit your application at least eight full working days before month-end for the new rate to start the following month.
• Are these product changes suitable for buy to let landlords?
  Yes, selected Buy to Let fixed rates have also been extended, supporting landlords seeking payment security through late 2025.
• How do I apply for a Leeds Building Society mortgage or switch?
  Contact our mortgage advisers or visit our website to check your eligibility, compare products, and begin your application process.