22/02/2010 Changes to the Lending Criteria

The Residential Lending Guide has been updated to provide further clarification in a number of areas. Details of the changes >>

04/02/2010 Changes to the Interest Only Lending Criteria

Some changes have been made to the interest only lending criteria, which is detailed in section 18 of the Residential Lending Guide. Details of the changes >>

18/11/2009 Service Improvements

There have been recent improvements made in the Lending Department, which change the way your mortgage application will be dealt with.  Mortgage cases will now be allocated to underwriters based on an alphabetical split.  The teams are split A-D - E-K - L-R - Q-Z.  Each team will deal with all aspects of your application from start to finish, which will increase our already high level of service.

If you wish to send documents to us, please either reply to a message from Secure Communications sent from the Lending Department or send us a fax on (0113) 225 7739.

If you are experiencing problems from Secure Communication please contact Intermediary Support on (01543) 415 266.

Alternatively, If you would like to speak to someone about your mortgage application, please contact us on (0113) 225 7889.

09/10/2009 Business Moneyfacts Awards

The 2010 Business Moneyfacts Awards will take place on Thursday 25 March 2010. As a broker you can vote in the awards by clicking the icon below. The survey will close at midnight on 20 November 2009.

25/08/2009 Ft Adviser - Online Service awards - 5* Star winner

The Society was the proud recipient of a prestigious 5 star award - Mortgage Provider & Packager in the FT Adviser Online Service Awards 2009. The award is the result of nominations from IFA's who rate providers from 1* for poor service all the way up to 5* for those providing Excellent service. The award includes performance in areas such as website design / functionality, ease of processing, online tools and information, reliability, business support and personal contact.

13/08/2009 Changes to Residential Lending Criteria - Further Advances

From the 14th August the following changes have been made to the Further Advance Lending Criteria

• In all instances of a further advance application, income must now be verified, (the latest three months payslips for all those on the mortgage will be needed as verification of income or the financial accounts as outlined in section 5 of the Lending Guide for self-employed applicants). To ensure a smooth and speedy process, please remember it is vital to send a correctly packaged full application in all instances.


• Self-certification, sub-prime and right to buy further advance applications are to be restricted to essential property repairs / improvements (copies of estimates are required).


• Shared ownership further advances are to be restricted to the purchase of an additional share of the property and essential property repairs / improvements (copies of estimates are required).

22/07/2009 Temporary Withdrawal of Self Build Variable Rate

With effect from the close of business on Wednesday, 22 July 2009, Leeds Building Society will temporarily no longer be accepting Self Build mortgage applications.

14/07/2009 Changes to Shared Ownership Criteria

With immediate effect the maximum "Borrower Share" for Shared Ownership applications is 80%. Please click on the following link for details of the current range. Details of changes >>

23/06/2009 Changes to Spanish Lending Criteria

With immediate effect, Leeds Building Society has made changes to the Spanish Lending Criteria. Details of changes >>

17/06/2009 Application Submission Requirements

Leeds Building Society has compiled a document to explain our requirements for the submission of correctly packaged applications. By sending the relevant documentation to us with your application, this will help to speed up the processing and ensure an offer is issued as soon as possible.  Details of our submission requirements (PDF) >>

08/06/2009 Great News - Pay All Fees Online

We are pleased to advise that payment for fees due when submitting a mortgage application to Leeds Building Society can now be paid online at the time of mortgage submission. Read More >>

03/06/2009 Clarification of Residential Mortgage Lending Policy

The Residential Mortgage Lending Policy has been clarified (sections 6 & 7) in respect of deriving the appropriate income multiples and level of income verification for shared ownership and shared equity applications. View Lending Policy PDF >>

14/04/2009 Good News On Buy to Lets

We no longer require a letter from an independent letting agent or assured short hold tenancy agreement for proof of rental income for a buy to let application that you submit to us. Leeds Building Society will now obtain this information on your behalf from the valuer as part of our service. Please note, we may still ask for information regarding other buy to lets the customer may have in their portfolio.

03/04/2009 Payment of Application & Valuation Fees

A number of our mortgage products now require an application / booking fee to be paid up front, before we will assess the application. We also require the valuation fee to be paid in full, where appropriate, before a valuation can be instructed.
Read More >>

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