Leeds Building Society will lower select fixed rates by up to 0.25 per cent and withdraw residential deals at 65 per cent loan to value (LTV).
The lender has also extended the end dates for two-year residential, interest-only and retirement interest-only to January.
The changes only affect new mortgage applications and brokers wanting to secure current products should submit applications by midnight tonight.
Its legal assisted two-year fixed rate at 75 per cent LTV for purchase and remortgage is 5.68 per cent and its similar three-year fixed rate is 5.61 per cent.
The lender’s legal assisted five-year fixed rate at 85 per cent LTV is 5.25 per cent.
Hinckley and Rugby BS releases limited company BTL deal in lending return
Hinckley and Rugby Building Society will resume buy-to-let lending with the launch of a limited company buy-to-let product.
The form said that the deal was designed to “support existing, and would-be landlords, who are looking to maximise their borrowing potential”.
It added that it would also benefit landlords wanting to grow their portfolios through the creation of a special purpose vehicle.
The limited company deal is a five-year fixed rate at 70 per cent LTV at 6.09 per cent.
Anna is currently the deputy editor for Mortgage Solutions and editor for Specialist Lending Solutions. She has worked as a journalist since 2019, having secured her Gold Standard NCTJ diploma from News Associates in a fast-track six-month course.
She started her career as a report at specialist publication The Insurance Insider covering a wide range of areas before joining Mortgage Solutions and Specialist Lending Solutions in 2021.
In her role, she helps put together and structure the news agenda for the day and writes up press releases, reports, interviews, analyses and exclusives across both titles. She also commissions blogs for Specialist Lending Solutions and hosts online masterclasses and in-person events across the business.
She has been shortlisted for three journalism awards, which include BIBA Journalist and Media Awards Scoop of Year Award in 2020, Headline Money Mortgage Journalist of the Year Award (B2B) in 2022 and 2023.
Prior to being a journalist, Anna worked in ecommerce across Snow + Rock, Cycle Surgery and Runners Need websites, and before that worked at specialist financial PR firm Rostrum.
In her spare time, Anna enjoys reading, seeing live music, and cooking for friends and family. When she gets a chance, she also enjoys hiking, skiing and indoor rock climbing.
