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Leeds BS provides customers earlier access to product transfer choice – Mortgage Strategy

Leeds Building Society has announced that it will provide borrowers more time to decide on their remortgage options before their current deal comes to an end. The change means that existing mortgage members and mortgage intermediaries will now be able to contact the society up to six months before the product matures

News Analysis: Stamp duty cuts run to 2025 | Mortgage Strategy

Chancellor Jeremy Hunt confirmed in November that the stamp duty cuts announced in the September mini-Budget would end on 31 March 2025. The cuts consisted of the nil-rate band being doubled to £250,000 and the first-time buyer (FTB) threshold increasing to £425,000. The value of a property on which FTBs can claim

Govt to fall short of housebuilding targets by 32,000: Public Accounts Committee

The UK government is likely to fall short of its housebuilding targets by 32,000 homes, a report from the Public Accounts Committee reveals. The Department for Levelling Up, Housing and Communities (DLUHC) admits it does not expect to deliver the intended benefits of the 2021 programme. DLUHC has already downgraded

Govt needs to adopt long-term strategy to solve housing crisis: Leeds BS

Leeds Building Society director of mortgage distribution Martese Carton has urged the government to adopt a long-term strategy to solve the housing crisis. Carton’s comments come after prime minister Rishi Sunak was forced to delay long-awaited planning reforms last week after almost 50 Conservative MPs threatened to

Leeds Building Society adds new five-year mortgages

Leeds Building Society launched new five-year fixed rate products to its mortgage range. The society is adding a five-year fixed rate product, at 3.25%, available up to 75% loan-to-value (LTV) as well as a five-year fixed rate product, at 3.34%, available up to 80% LTV. Both come with a product fee of £999.  In

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