Leeds Building Society has introduced rate-switching for buy-to-let mortgages held through limited companies. Borrowers can move to a new rate when their current product ends.
The service is available via the Mortgage Extra platform, powered by Finova, providing brokers with access to guidance and support from the society’s lending team.
Limited company buy-to-let activity continues to grow. In 2024, more than 61,500 landlords registered limited companies, marking a 24% increase from the previous year.
The new rate-switching option aims to simplify the process for brokers and their clients, offering additional flexibility in managing existing limited company mortgages.
