Borrow more on your mortgage

If you’ve got big plans, additional borrowing might be the way to make them come true. You might be able to borrow more on your existing mortgage, up to 90% of the value of your home, and secure that additional borrowing against your existing property. This is what’s known as a secured loan.

Mortgage type	Capital repayment
Minimum borrowing	£5000
Term	2 - 40 years

^{*This may mean you pay more in interest over the full term of your mortgage.}

^{**If you repay your mortgage in full earlier than planned, you may have to pay an Early Repayment Charge.}

If you’re a Capital Repayment customer and would like to borrow more we’ll need to check your current income and outgoings, as well as your property value and credit score. It should only take a couple of weeks from applying for your Additional Borrowing Agreement in Principle to getting your money.

Offset Mortgages were removed from sale on 3 April 2023. If you’re an Offset Mortgage customer and want to borrow more please call us to discuss your options.

All borrowing is subject to your application status, lending criteria, valuation, and for some, obtaining independent legal advice. We’ll let you know if this is needed for your application. Applying to borrow more money on your mortgage will have new terms related to the additional borrowing.

You can make unlimited overpayments to your mortgage whenever you like – but you might have to pay an Early Repayment Charge if you repay your mortgage in full during a Fixed Rate period.

If you have an Offset Mortgage you can redraw within your existing agreed mortgage limit (if available). If you need to borrow more than the available amount, please call us to discuss your options.