The Leeds unveils new shared ownership deals

Leeds Building Society has launched new shared ownership mortgage products.

The deals are available for two or three years and start at a fixed rate for shared ownership of 5.69%.

Phil Coombes, Leeds Building Society’s head of intermediary sales, said: “We are all well aware of the difficulties facing first time buyers buying a home. They can often struggle to meet the full asking price or their current income is insufficient to support a full mortgage.