The deal is available at a rate of 5.69% for two years.
Phil Coombes, head of intermediary sales at Leeds, 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.
“This shared ownership product facilitates that first step, and provides a starting point to staircase up to full home ownership as earning potential increases.
“Our new 2-year product is ideal for clients who have saved for a deposit but cannot buy a property in their own right.
“There is no doubt that this product will prove attractive to those clients who are ready to make the first step into home ownership.”
