Leek Building Society has launched two 90% LTV fixed rate products, specifically designed to make placing shared ownership cases simpler for intermediaries and more accessible for buyers.

The new products are available through brokers and include: a two-year fixed rate at 4.55%; and a five-year fixed rate at 4.45%.

Both come with no product fee and no valuation fee

The new launches sit alongside Leek Building Society’s established shared ownership proposition.

Commenting on the product launch Leek BS head of intermediary team Nikki Warren-Dean said:“Shared Ownership is an essential part of the UK housing landscape, providing a lifeline for buyers who might not be able to afford a mainstream mortgage product.”

She added: “These new 90% LTV products have been designed with brokers in mind, offering competitive rates, no product or valuation fees, and the flexibility that comes from manual underwriting. It’s another way we’re helping more clients take that first step onto the property ladder.”