Borrowing more money on your mortgage could be a good way of raising some extra funds. And if you’ve had a mortgage with us for at least the last 6 months, there’s a chance that you might be eligible to borrow up to 85% of the value of your home.
It’s another way that we’re helping people to find their good place. We’re here to help, so take a look below to see whether additional borrowing might be right for you.
Why might you consider additional borrowing?
We all have our own story and what comes next is down to you. But if your next chapter involves a larger expense, additional borrowing could give you the capital you need. It’s there for things like
- A new car
- Your next dream holiday
- Making improvements around the home
- The big day (yours or your loved ones)
If you want to know more about additional borrowing and whether it could be right for you, get in touch today.
Can I borrow more money on my mortgage?
Additional borrowing is available on most of our remortgage products. But you should consider whether other forms of borrowing are more suitable for you, as any money we lend through additional borrowing will be secured against your property and your overall mortgage balance will increase.
If you need any more help and information, our team are here to offer options, answers and the time you need. And as always, we’ll never pressure you into making any decision.