Martin Richardson, general manager marketing & business development, said, "We are all well aware of the difficulties facing first time buyers buying a home. They can often struggle to put down a large enough deposit on the full asking price or their current income is insufficient to support a full mortgage.
"These shared ownership products facilitate that first step, with only a small deposit required, and provide a starting point to staircase up to full home ownership, as earning potential increases."
Leeds Building Society is offering customers either a fees assisted fixed rate or variable rate with a cashback.
Martin continued, "There is no doubt that these products offer FTBs a viable way onto the housing ladder and will prove attractive to those customers who are ready to make the first step into home ownership."
