Looking to make some home improvements or to make that special purchase? If you have had a mortgage with us for more than six months you could apply to borrow more on your existing mortgage.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
You can apply
If it's been at least six months since you took out your mortgage
If your existing mortgage and further borrowing amount added together totals no more than 85% of the value of your home
If the amount you'd like to borrow is more than £10,000
For borrowing on an interest only basis if your existing mortgage and further borrowing totals no more than 75% of your home's value
Must be aged 18+ and a UK Resident.
How to apply
Request a call back from a Mortgage Expert who can arrange a convenient time to discuss your mortgage needs via video, telephone or face to face.
Your last three months' bank statements if you want any other income to be considered (for example rental or investments) and as a reminder of your outgoings
If you already have an existing mortgage elsewhere, your last year's mortgage statements
If you're applying for an interest-only mortgage, any repayment vehicle details that you want to use (e.g. endowment policy, investments, ISAs)
If you're self-employed, three years' self-assessments
If your mortgage is to extend past your stated or state retirement age, up-to-date forecasts for any state, company and personal pensions
And, if you've already got your heart set on a property, bring along the sales particulars
Details of any loans you currently hold, including student loans and car payments
The 2 year tracker rate you’re free to leave at any time without paying an Early Repayment Charge. This rate tracks the Bank of England Base Rate (BBR), so your monthly repayments could go up or down depending on how the BBR moves.
The 2 year tracker rate you’re free to leave at any time without paying an Early Repayment Charge. This rate tracks the Bank of England Base Rate (BBR), so your monthly repayments could go up or down depending on how the BBR moves.
