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The Leeds extends shared ownership funding

by Kevin Rose
12 March 2018
L&G unveils shared ownership event
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The Leeds Building Society is to offer extra support for affordable housing and help more people have the home they want by extending its shared ownership scheme.

The Society has supported shared ownership for over 30 years and will now lend on more properties on a site.

Jaedon Green, the Society’s director of product and distribution, said: “Building on the Society’s extensive expertise and understanding will enable us to flex our site exposure approach, providing much needed support to aspiring home owners, while maintaining appropriate controls.”

The Society, which continues to lend up to 95% of the borrowers’ share, will now accept up to 10 shared ownership properties on a site, or up to a maximum of 25% of shared ownership units, whichever is the greater.

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© 2018 Trek Publishing Limited. Website design by Bedazzled Media Limited.
Company Number 11335497. Registered Office: Butterick Building Unit K, 38 New Lane, Havant, P09 2ND

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  • MORTGAGES
    • Mortgage type
      • Discount mortgages
      • Fixed rates
      • Fee-free
      • Interest-only
      • Offset
      • Remortgages
      • Trackers
      • Variable rates
    • Conveyancing
    • First time buyers
    • Help to Buy
    • New build
    • Overseas
    • Regulation
    • Self build
    • Shared ownership
  • BRIDGING
  • BTL
    • Consumer BTL
    • HMOs
    • Limited Company BTL
  • COMMERCIAL
    • Asset finance
    • Auction finance
    • Commercial mortgages
    • Development finance
    • Invoice finance
    • SME finance
  • DISTRIBUTION
  • G.I.
  • LATER LIFE
    • Equity release
      • Lifetime mortages
      • Drawdown
    • Pensions
    • Retirement borrowing
  • LOANS
  • PROTECTION
    • Critical illness
    • Income protection
    • Group protection
    • Life cover
    • PMI

© 2018 Trek Publishing Limited. Website design by Bedazzled Media Limited.
Company Number 11335497. Registered Office: Butterick Building Unit K, 38 New Lane, Havant, P09 2ND

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