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, you may be eligible to borrow up to 90% of the value of your home (75% for Buy To Let customers).
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)
- Making your home more energy efficient
Green Additional Borrowing
At Skipton, we’re committed to supporting our customers in reducing their carbon footprint. One of the great ways we can all do this is to improve the energy efficiency of our homes.
We offer mortgage deals for existing customers who are looking to make their homes greener with improvements such as (but not limited to):
- Solar panels
- Insulating your property
- New windows and doors
- Ground or air source heat pumps
- Bio-mass boilers