Leeds Building Society has launched a new lending stream to allow existing mortgage customers to borrow more.

The society has made additional borrowing available to those customers who have a residential, buy-to-let or shared ownership mortgage.

Brokers can access the application form through the society’s Mortgage Hub, which is powered by MSO.

Additional borrowing can be accessed for home improvements, debt consolidation, shared ownership staircasing, and more.

Leeds Building Society director of mortgage distribution Martese Carton says: “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.”