Borrow more

Borrowing money against your mortgage may be a good option if you’re thinking of those all important home improvements.
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If you’re thinking about making some improvements to your home, it’s important that you talk to us first as we can help. We can assess your current financial situation and make the right recommendation for you to make the process as quick and easy as possible.

As part of the application process, we’ll ask you to confirm:

  • Your income
  • The estimated value of your home
  • Details of your current financial commitments (including outstanding amounts and monthly payments).

To save time and make things as simple as possible for you, it’s worth having these details to hand before speaking to us. You can even schedule for a call back while you’re getting the information together.

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*Calls are recorded for training and monitoring purposes. Lines are open 9am– 5pm Monday to Friday. 03 calls cost no more than calls to geographic numbers (01 or 02). Calls from landlines and mobiles are included in free call packages.

Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage

To help you make a decision, why not use our simple calculator to get an idea of how much more your monthly payment would be.

Borrow more calculator

Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage

  • How much extra can I borrow?

    You can borrow between £5,000 and £500,000 extra, subject to our lending criteria.

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  • How long can I borrow the money for?

    You can borrow the money for any term up to 35 years (subject to current lending criteria). The minimum term for the extra borrowing is 2 years.

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  • Will I have to get my property revalued?

    Yes, in most cases we’ll need a valuation of your home and you’ll be charged a fee for this. Take a look at our Tariff of mortgage charges for more details. In some cases we may not need to revalue your home, although this is subject to our lending criteria.

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  • Will I be credit scored when I apply to borrow more?

    Yes, we’ll need to credit score all parties listed on the mortgage as part of the underwriting process.

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  • Are there any restrictions on what I can borrow the money for?

    You can borrow up to 90% Loan to Value for a variety of reasons, such as home improvements. However, we do have some restrictions.

    For example, you can only borrow up to 75% Loan to Value (LTV) for debt consolidation and can’t borrow more for business reasons or speculative lending (such as stocks and shares).

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Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage