Please note: Leeds Building Society only accepts mortgage applications from intermediaries where they are providing an advised sales service, with the exception of Buy to Let & Holiday Let applications. It is the responsibility of the intermediary to ensure that all applicable law including, without limitation, the Financial Conduct Authority rules on advised mortgage sales are complied with including, without limitation, the provision of adequate explanations.

Remortgage products

AVAILABLE TO INTERMEDIARIES ONLY

A little extra help for your Remortgage customers.

Remortgage lending is making a comeback with the number of approvals up year-on-year for the third consecutive month (Bank of England Remortgage Data. June 2015). Low mortgage rates and rising house prices are giving many borrowers a stronger incentive to remortgage.

With this new range, your remortgage customers get competitive rates on a wide range of products. And it’s not just your standard residential customers who will benefit. This new range also includes Help to Buy and Buy to Let remortgage options.

Why place your remortgage business with us?
Giving you more.
We offer a wider product range than many other lenders. As well as competitive residential products, we also offer Buy to Let, Help to Buy, Shared Ownership and many more.
Dedicated Intermediary Support.
A nationwide BDM team with regional ‘know-how’. They live and breathe the same housing market that you work in.
It’s good to talk.
We give you additional sales support through our new Telephone BDM team, so that you always have someone to discuss your cases with.
With many additional benefits.
We offer Fees Assisted in-house legal services for standard remortgages. We also allow capital raising up to 90% LTV.

 

 

2 Year Fixed Rate

Initial rate fixed up to and inc. 30/06/19Then the Society's SVR thereafter, (currently)Overall cost for comparison (APRC)Max LTVProduct Fee
1.70% 5.44%4.8%65%£0 View
Remortgage Only / Fees Assisted / Max loan amount £500,000
1.75% 5.44%4.9%75%£0 View
Remortgage Only / Fees Assisted / Max loan amount £500,000
1.89% 5.44%4.9%80%£0 View
Remortgage Only / Fees Assisted / Max loan amount £500,000
2.04% 5.44%4.9%85%£0 View
Remortgage Only / Fees Assisted / Max loan amount £500,000
2.90% 5.44%5.1%90%£0 View
Remortgage Only / Fees Assisted / Max loan amount £400,000
RATES CORRECT AS AT 17 MAY 2017

Representative Example

A mortgage of £180,000.00 payable over 25 years initially on a fixed rate for 2 years at 2.90% and then on our current Standard Variable Rate of 5.44% (variable) for the remaining 23 years would require 24 monthly payments of £843.58 and 276 monthly payments of £1,079.04.

The total amount payable would be £318,096.83 made up of the loan amount plus interest of £138,061.83 and application fee £0, product fee £0, valuation fee £0.

The overall cost for comparison is 5.1% APRC representative.

This representative example assumes a mortgage completion date on the 1st day of a calendar month.

The above representative example is for illustration purposes only and may vary depending on your personal circumstances.

These products are available for remortgage only. The Product Fee is payable on application but is refundable should the mortgage not complete. A mortgage exit fee of £199 will apply.

Additional Features

  • 10% capital repayments are allowed each year without incurring an Early Repayment Charge.
  • Tapered Early Repayment Charges apply for the fixed rate period up to and including 30 Jun 2019.
  • Maximum loan £500,000.
  • Interest calculated daily.
  • Free standard valuation up to £999
  • Fees assisted legal services for standard remortgages.
  • These products are available for remortgage only
  • These products are not available to interest only applications.

5 Year Fixed Rate

Initial rate fixed up to and inc. 31/07/22Then the Society's SVR thereafter, (currently)Overall cost for comparison (APRC)Max LTVProduct Fee
2.15%**5.44%4.2%65%£0 View
Remortgage Only / Fee Saver / Max loan amount £500,000
2.20% 5.44%4.2%65%£0 View
Remortgage Only / Max loan amount £500,000 / £250 Cashback upon completion
2.25%**5.44%4.2%75%£0 View
Remortgage Only / Fee Saver / Max loan amount £500,000
2.29%**5.44%4.3%80%£0 View
Remortgage Only / Fee Saver / Max loan amount £500,000
2.34% 5.44%4.3%75%£0 View
Remortgage Only / Max loan amount £500,000 / £250 Cashback upon completion
2.39% 5.44%4.3%80%£0 View
Remortgage Only / Max loan amount £500,000 / £250 Cashback upon completion
2.49%**5.44%4.3%85%£0 View
Remortgage Only / Fee Saver / Max loan amount £500,000
2.54% 5.44%4.3%85%£0 View
Remortgage Only / Max loan amount £500,000 / £250 Cashback upon completion
RATES CORRECT AS AT 17 MAY 2017

Representative Example

A mortgage of £140,000.00 payable over 25 years initially on a fixed rate for 5 years at 2.29% and then on our current Standard Variable Rate of 5.44% (variable) for the remaining 20 years would require 60 monthly payments of £612.94 and 240 monthly payments of £806.87.

The total amount payable would be £230,460.82 made up of the loan amount plus interest of £90,425.82 and application fee £0, product fee £0, valuation fee £0.

The overall cost for comparison is 4.3% APRC representative.

This representative example assumes a mortgage completion date on the 1st day of a calendar month.

The above representative example is for illustration purposes only and may vary depending on your personal circumstances.

These products are available for remortgage only. The Product Fee is payable on application but is refundable should the mortgage not complete. A mortgage exit fee of £199 will apply.

Additional Features

  • 10% capital repayments are allowed each year without incurring an Early Repayment Charge.
  • Tapered Early Repayment Charges apply for the fixed rate period up to and including 31 July 2022.
  • Maximum loan £500,000.
  • Interest calculated daily.
  • Free standard valuation up to £999
  • These products are available for remortgage only
  • These products are not available to interest only applications.

**Fees assisted legal services for standard remortgages.

2 Year Interest Only Part & Part

Initial rate fixed up to and inc. 31/05/2019Then the Society's SVR thereafter, (currently)Overall cost for comparison (APRC)Max LTVProduct Fee
2.30% 5.44%5.0%75%£0 View
Remortgage Only / Fee Saver / Max loan amount £1,250,000 up to 65% LTV or £1,000,000 up to 75% LTV
RATES CORRECT AS AT 29 NOV 2016

Representative Example

A mortgage of £118,000.00 payable over 25 years initially on a fixed rate for 2 years at 2.30% and then on our current Standard Variable Rate of 5.44% (variable) for the remaining 23 years would require 24 monthly payments of £517.21 and 276 monthly payments of £704.01.

The total amount payable would be £206,754.24 made up of the loan amount plus interest of £88,719.24 and application fee £0, product fee £0, valuation fee £0.

The overall cost for comparison is 5.0% APRC representative.

This representative example assumes a mortgage completion date on the 1st day of a calendar month.

The above representative example is for illustration purposes only and may vary depending on your personal circumstances.

These products are available for remortgage only. If a Product Fee applies, it is payable on application but is refundable should the mortgage not complete. A mortgage exit fee of £199 will apply.

  • 10% capital repayments are allowed each year without incurring an Early Repayment Charge.
  • Tapered Early Repayment Charges apply up to and including 31 May 2019.
  • Free Standard valuation up to £999.
  • Fees assisted legal services for standard remortgages.
  • Interest calculated daily.
  • Available where part or all of the mortgage is on Interest Only. Sale of the mortgaged property can be used as a repayment strategy but equity must make downsizing plausible at the end of the mortgage term.*

2 Year Fixed Rate BTL

Initial rate fixed up to and inc. 30/06/19Then the Society's BTL Variable Rate less 1% discount up to and inc. 31/05/22, (currently)Then the Society's BTL Variable Rate thereafter, (currently)Overall cost for comparison (APRC)Max LTVProduct Fee
1.50% 4.74%5.74%4.9%60%£2499 View
Remortgage Only / Max loan amount £500,000
1.79% 4.74%5.74%4.9%60%£999 View
Remortgage Only / Max loan amount £500,000
2.19% 4.74%5.74%5.0%70%£999 View
Remortgage Only / Max loan amount £500,000
2.04% 4.74%5.74%5.0%70%£1499 View
Remortgage Only / Max loan amount £500,000
RATES CORRECT AS AT 18 May 2017

Representative Example

A mortgage of £128,000.00 payable over 25 years initially on a fixed rate for 2 years at 2.19% and then a 1.00% discount on our current Buy to Let Variable Rate of 5.74% for 3 years and then on our current Buy to Let Variable Rate of 5.74% for the remaining 20 years would require 24 monthly payments of £233.60, 36 monthly payments of £505.60 and 240 monthly payments of £612.27.

The total amount payable would be £299,786.00 made up of the loan amount plus interest of £170,752.00 and application fee £0, product fee £999, valuation fee £0.

The overall cost for comparisons is 5.0% APRC representative.

This representative example assumes a mortgage completion date on the 1st day of a calendar month.

The above representative example is for illustration purposes only and may vary depending on your personal circumstances.

These products are available for remortgage only. If a Product Fee applies, it is payable on application but is refundable should the mortgage not complete. A mortgage exit fee of £199 will apply.

Additional Features

  • 10% capital repayments are allowed/each year without incurring an Early Repayment Charge.
  • Tapered Early Repayment Charges apply during the fixed rate period up to and including 30 June 2019.
  • Interest calculated daily.
  • Free standard valuation up to £999
  • Fees assisted legal services for standard re-mortgages
  • These products are available for remortgage only
  • Maximum loan £500,000.

5 Year Fixed Rate BTL

Initial rate fixed up to and inc. 30/06/2022Then the Society's BTL Variable Rate thereafter, (currently)Overall cost for comparison (APRC)Max LTVProduct Fee
2.39% 5.74%4.6%60%£1999 View
Remortgage Only / Max loan amount £500,000
2.49% 5.74%4.6%60%£999 View
Remortgage Only / Max loan amount £500,000
2.75% 5.74%4.7%70%£1999 View
Remortgage Only / Max loan amount £500,000
2.90% 5.74%4.7%70%£999 View
Remortgage Only / Max loan amount £500,000
RATES CORRECT AS AT 18 may 2017

Representative Example

A mortgage of £227,000.00 payable over 25 years initially on a fixed rate for 5 years at 2.75% and then on our current Buy to Let Variable Rate of 5.74% (variable) for the remaining 20 years would require 60 monthly payments of £520.21 and 240 monthly payments of £1,085.82.

The total amount payable would be £520,842.50 made up of the loan amount plus interest of £291,808.50 and application fee £0, product fee £1999, valuation fee £0.

The overall cost for comparison is 4.7% APRC representative.

This representative example assumes a mortgage completion date on the 1st day of a calendar month.

The above representative example is for illustration purposes only and may vary depending on your personal circumstances.

These products are available for remortgage only. If a Product Fee applies, it is payable on application but is refundable should the mortgage not complete. A mortgage exit fee of £199 will apply.

Additional Features

  • 10% capital repayments are allowed each year without incurring an Early Repayment Charge.
  • Tapered Early Repayment charges apply up to and including 30 June 2022.
  • Interest calculated daily.
  • Free standard valuation up to £999.
  • Fees assisted legal services for standard re-mortgages.
  • These products are available for remortgage only.
  • Maximum loan £500,000.

2 Year Discounted BTL

Initial variable rate 2 years, (currently)TermsThen the Society's BTL Variable Rate less 1% discount for 3 years, (currently)Then the Society's BTL Variable Rate thereafter, (currently)Overall cost for comparison (APRC)Max LTVProduct Fee
1.95% The Society's BTL Variable rate less 3.79%4.74%5.74%5.2%60%£0 View
Remortgage Only / Fees Assisted / Max loan amount £500,000
RATES CORRECT AS AT 1 SEP 2016

Representative Example

A mortgage of £89,000 payable over 25 years initially on a 3.79% discount on our current Buy to Let Variable Rate of 5.74% for 2 years and then a 1% discount on our current Buy to Let Variable Rate of 5.74% for 3 years and then on our current Buy to Let Variable Rate of 5.74% for the remaining 20 years would require 24 monthly payments of £144.63, 36 monthly payments of £351.55 and 240 monthly payments of £425.72.

The total amount payable would be £207,333.8 made up of the loan amount plus interest of £118,298.8 and application fee £0, product fee £0, valuation fee £0.

The overall cost for comparison is 5.2% APRC representative.

This representative example assumes a mortgage completion date on the 1st day of a calendar month.

The above representative example is for illustration purposes only and may vary depending on your personal circumstances.

These products are available for remortgage only. If a Product Fee applies, it is payable on application but is refundable should the mortgage not complete. A mortgage exit fee of £199 will apply.

Additional Features

  • 10% capital repayments are allowed each year without incurring an Early Repayment Charge.
  • Tapered Early Repayment charges apply for the first 2 years.
  • Interest calculated daily.
  • Free standard valuation up to £999
  • Fees assisted legal services for standard re-mortgages (not available for Homes of Multiple Occupancy)
  • Maximum loan £500,000.
  • These products are available for remortgage only

2 Year Remortgage Only Help To Buy Rates (England)

Initial rate fixed up to and inc. 31/07/19Then the Society's SVR thereafter, (currently)Overall cost for comparison (APRC)Max LTVProduct Fee
2.04% 5.44%4.9%75%£0 View
Remortgage Only / Fee Saver / Max loan amount £500,000
RATES CORRECT AS AT 17 May 2017

Representative Example

A mortgage of £121,000.00 payable over 25 years initially on a fixed rate for 2 years at 2.04% and then on our current Standard Variable Rate of 5.44% (variable) for the remaining 23 years would require 24 monthly payments of £514.90 and 276 monthly payments of £720.35.

The total amount payable would be £211,210.41 made up of the loan amount plus interest of £90,175.41 and application fee £0, product fee £0, valuation fee £0.

The overall cost for comparison is 4.9% APRC representative.

This representative example assumes a mortgage completion date on the 1st day of a calendar month.

The above representative example is for illustration purposes only and may vary depending on your personal circumstances.

A product fee is payable on application but is refundable should the mortgage not complete. A mortgage exit fee of £199 will apply.

Additional Features

  • 10% capital repayments are allowed each year without incurring an Early Repayment Charge.
  • Tapered early repayment charges apply up to and including 31 Jul 2019.
  • Free standard valuation up to £999.
  • Fees assisted legal services for standard re-mortgages including Deed of Postponement.
  • Interest calculated daily.
  • Available for customers to purchase 80% of property value.
  • A deposit of at least 5% of the property purchase price is required.
  • Maximum loan size £500,000
  • This product is not portable and is only available in England.
  • Available for remortgages only.

2 Year Remortgage Only Help To Buy Rates (Wales)

Initial rate fixed up to and inc. 31/07/19Then the Society's SVR thereafter, (currently)Overall cost for comparison (APRC)Max LTVProduct Fee
2.04% 5.44%4.9%75%£0 View
Remortgage Only / Fee Saver / Max loan amount £500,000
RATES CORRECT AS AT 17 May 2017

Representative Example

A mortgage of £121,000.00 payable over 25 years initially on a fixed rate for 2 years at 2.04% and then on our current Standard Variable Rate of 5.44% (variable) for the remaining 23 years would require 24 monthly payments of £514.90 and 276 monthly payments of £720.35.

The total amount payable would be £211,210.41 made up of the loan amount plus interest of £90,175.41 and application fee £0, product fee £0, valuation fee £0.

The overall cost for comparison is 4.9% APRC representative.

This representative example assumes a mortgage completion date on the 1st day of a calendar month.

The above representative example is for illustration purposes only and may vary depending on your personal circumstances.

A product fee is payable on application but is refundable should the mortgage not complete. A mortgage exit fee of £199 will apply.

Additional Features

  • 10% capital repayments are allowed each year without incurring an Early Repayment Charge.
  • Tapered early repayment charges apply up to and including 31 Jul 2019.
  • Free standard valuation up to £999.
  • Fees assisted legal services for standard re-mortgages including Deed of Postponement.
  • Interest calculated daily.
  • Available for customers to purchase 80% of property value.
  • A deposit of at least 5% of the property purchase price is required.
  • Maximum loan size £500,000
  • This product is not portable and is only available in Wales.
  • Available for remortgages only.

We have developed a set of short, easy-to-use guides to our criteria.

View our criteria guides »

Any questions?

Please contact your nearest Development Manager. Find your nearest Development Manager »