Leeds Building Society is reducing rates across its mainstream residential mortgage range by up to 0.12% and select shared ownership mortgage rates by up to 0.35% from 27th April 2026.

Product rate changes from Leeds  include for residential two-year fixed Rate up to and including 31st July 2028 – a fixed rate of 5.59% (was 5.69%)£0 fee payable upon completion, available up to 95% LTV with a free Standard valuation

For residential five year fixed rate up to and including 31st July 2031 – a fixed rate of 5.42% (was 5.54%), £0 fee payable upon completion and available up to 95% LTV with a free standard valuation

For shared ownership two-year fixed rate up to and including 31st July 2028 – a fixed rate of 5.44% (was 5.69%),  £0 fee payable upon completion, and available up to 95% LTV with a free standard valuation

And for shared ownership five-year fixed rate up to and including 31st July 2031 – a fixed rate of 5.29% (was 5.64%); £0 fee payable upon completion and available up to 95% LTV with a free standard valuation.

Coventry for Intermediaries has also confirmed rate changes. This includes for residential new borrowers

Reducing all Offset, Interest-Only and Offset Interest-only rates;  reducing all two and three-year fixed rates at 65%-85% LTV (excl. three-year 75% LTV FTB exclusive rate); reducing all two and three-year fixed remortgage rates at 90% LTV; and reducing all five-year fixed rates at 65%-90% LTV (excl. 65% & 75% LTV FTB exclusive rates)

For existing borrowers, Coventry is reducing all Offset, Interest-Only and Offset Interest-only rates.

Reducing all two and three-year fixed rates at 65%-85% LTV; and reducing all five-year fixed rates at 65-90% LTV

For buy to let and limited company buy to let new borrowers, the lender is reducing all fixed rates and extending all end dates. Exactly the same applies to existing borrowers.