Leeds Building Society has improved rates on a selection of its mortgages products, .

Including affordable products aimed at first-time buyers, the range improvement also spans across shared ownership, shared equity, help to buy and buy-to-let products with reductions of up to 0.55%.

The new deals include shared ownership five-year fixed rate mortgage:

Initial Rate: 5.49%.

Borrower Share – 90%

No Fees

Term: five years, until 31 January 2029

Shared ownership two-year fixed rate mortgage:

Initial Rate: 6.04%

Borrower Share – 95%

£999 Fee

Term: two years, until 31 January 2026.

Leeds Building Society senior mortgage manager Sean Hanson comments:“As a key lender in the affordable housing sector, our purpose is to put homeownership within reach of more people, and part of that goal is ensuring we can keep them in their homes.

Our decision to improve rates on products shows further support for affordable housing schemes and homebuyers looking to step onto the housing ladder.”