Leeds Building Society has launched additional borrowing on its Mortgage Hub, allowing brokers to help clients borrow more on their existing mortgages.
The lending stream is open to those with residential, buy-to-let (BTL), or shared ownership mortgages with the society.
Clients can apply for extra funds for reasons such as home improvements, debt consolidation, or shared ownership staircasing.
Additionally, brokers can check affordability before submitting applications using a new calculator.
Martese Carton (pictured), director of mortgage distribution at Leeds Building Society, said: “We’re excited to introduce additional borrowing for brokers via Mortgage Hub for the first time.
“It means brokers can now help clients with a Leeds Building Society mortgage who have a need for additional borrowing and potentially avoid the costly and time-consuming process of remortgaging with another lender.”
