Leek Building Society Updates: 5 Year Limited Company & Own New Mortgage Rates Cut for September 2025

Leek Building Society has announced changes to its mortgage offerings, effective from 19th September 2025, impacting both Limited Company Buy to Let (BTL) and Own New 5-year fixed rate products. These updates deliver improved incentive rates and revised fees, making it an opportune time for investors, landlords, and homebuyers considering Leek for their next mortgage or remortgage.

Leek Building Society Mortgage Product Updates – September 2025

Here’s a summary of the new rates and features:

• Limited Company Buy to Let 5 Year Fixed Rate:
  • Interest rate: 5.11% (unchanged)
  • Product fee: £495 (new fee introduced)
  • Green BTL product includes £400 cashback for eligible energy-efficient properties
• Own New 5 Year Fixed Rate Incentive Products:
  • 5% Incentive: 3.90% (reduced from 4.03%)
  • 3% Incentive: 4.30% (reduced from 4.39%)

Criteria & Policy Updates: Who Benefits Most?

These changes are tailored for specific borrower groups:

• Limited Company Buy to Let Investors:
  Landlords purchasing or remortgaging via a limited company structure can now choose a fixed rate at 5.11% with a clearly defined fee. This fee is highly competitive for limited company BTL mortgages within the UK market.
• Environmentally Conscious Landlords:
  Green BTL mortgages reward properties with high EPC ratings via a £400 cashback, supporting investment in sustainable housing.
• First-Time Buyers & Home Movers (Own New):
  Homebuyers accessing the Own New 5-year fixed range benefit from meaningful rate reductions. The 5% and 3% incentive products offer lower monthly payments, boosting affordability for those with modest deposits.

Special Features and Promotions

• Green Cashback: Receive £400 cashback through Leek’s Green BTL option, rewarding investments in energy-efficient properties (subject to eligibility).
• Lower Rates for Own New Buyers: Own New products now start from 3.90% (for 5% incentive), making them among the most competitive options for those using developer incentives.
• Transparent Fees: Limited Company BTL rates now have a flat £495 product fee, enabling easier cost comparison.

Why Choose Leek Building Society?

Leek Building Society is renowned for tailored lending solutions and competitive pricing, especially for:

• Specialist Buy to Let Lending: Supportive lending criteria for limited company landlords, plus rewards for properties with green credentials.
• Flexible Home Purchase Products: Incentive-driven Own New rates suit buyers leveraging developer deals—beneficial for first-time buyers and movers alike.
• Regional Expertise & Personal Service: As a mutual with a focus on customer service, Leek is well-regarded for its transparent advice and borrower support.

Next Steps: Secure Your Bespoke Mortgage Quote

If you are considering a Limited Company BTL mortgage, making your property more energy efficient, or moving home with the help of an incentive-based Own New mortgage, now is an excellent time to review your options. Our fully qualified mortgage brokers can provide tailored guidance, ensure you meet Leek’s criteria, and help you secure the most suitable rate for your unique situation.

Contact us today for your free consultation and mortgage illustration.

Frequently Asked Questions (FAQ)

• Who is eligible for Leek’s Limited Company BTL products?
  UK-based landlords purchasing or remortgaging property through a registered limited company meet eligibility, subject to standard lending criteria and property type.
• How does the new Own New rate affect affordability?
  Rate reductions lower monthly repayments, making it easier for buyers with 3–5% deposits to get on the property ladder or move home.
• Can I benefit from the Green BTL cashback?
  Yes, if your property meets Leek’s energy efficiency requirements (e.g., strong EPC rating), you will receive £400 cashback at completion.
• Are there fee changes for BTL mortgages?
  Yes, a flat £495 product fee now applies to Leek’s 5yr Limited Company BTL, aiding budgeting and decision-making.
• How do I check if I qualify or apply?
  Simply contact our mortgage team for a free assessment. We’ll review your details, explain eligibility, and support your application from start to finish.