FinTech bank, LHV Bank, has chosen Wellington Place as its new home in Leeds, reaffirming its commitment to the city and the thriving business community at the heart of the ‘Northern Square Mile’.
The business will be based at 12 Wellington Place, where it has taken 1,700 sq ft of furnished office space on the ground floor, supporting its continued growth and expansion in Leeds.
Headquartered in London, with offices in Manchester and Tallinn, Estonia, LHV Bank provides personal banking and savings products, business lending, and banking services for financial institutions.
LHV Bank joins leading organisations including EY, Lloyds Banking Group, Rathbones, Evelyn Partners and Squire Patton Boggs at Wellington Place, further cementing the location’s position as the economic lynchpin of the city’s financial, legal and professional services district.
Chris Sills, Asset Management Director at Federated Hermes, the Asset Manager of Wellington Place, said: “LHV Bank’s decision to base its Leeds expansion at Wellington Place is a clear testament to the strength and appeal of Wellington Place as a leading business destination.
“The FinTech bank’s move builds on the strong momentum we’re seeing from financial, legal and professional service businesses that call Wellington Place home. They have not only recognised the strength of Wellington Place’s offer, but also our position at the beating heart of an important business district known as Leeds’ ‘Northern Square Mile’. Additionally, 12 Wellington Place is regarded as one of the UK’s most sustainable office developments, reflecting the growing demand for high-quality, future-focused workspace.”
Kris Brewster, Interim CEO at LHV Bank, said: “We know the benefits being based at Wellington Place offers, from the exceptional workspace to incredible bars and restaurants, and its community-focused programme of activities. Wellington Place allows us to provide an excellent environment for our people, while supporting our wider growth plans for the business.”
Savills acted on behalf of Wellington Place.
With this latest letting complete, just 3,362 sq ft of office space remains available at 12 Wellington Place. The suite can be delivered fully fitted and furnished, or as a blank canvas, providing flexibility for businesses seeking a tailored workplace solution. With availability elsewhere across the estate also limited, just a further 4,000 sq ft of office remains on the ground floor of 10 Wellington Place.
A further opportunity will be introduced at 2 Wellington Place, where a comprehensive refurbishment is underway and will deliver 119,000 sq ft of Grade A office space, with the full refurbishment scheduled for completion in autumn 2027.
