Next steps: Borrow more

If you’ve applied to borrow more on your mortgage, this step-by-step guide on the application process explains it all.

What to expect

The following outlines the next steps when borrowing more with us

Step 1. Agreement in Principle

Give us a call and we’ll run through an eligibility and affordability assessment with you. We should then be able to give you an Agreement in Principle (AIP) over the phone.

The AIP process considers your income and outgoings, so have these details to hand. And make sure you’re somewhere you feel comfortable sharing this information over the phone. It could include:

income
credit, store or charge card balances
loans (both sole and joint applicants)
car leases
pensions
school fees
childcare
divorce settlement payments

We’ll tell you which documents you need to send us to support your application

Step 2. Agreeing your rate

After we’ve received the documents, UWS will send a text to you once the documents have been assessed. You can either call us or you can book an appointment via the link sent in the text message.

They’ll review your mortgage details and secure your rate. With some mortgages you may need to pay a booking fee to do this. These are non-refundable but you can transfer booking fees to a new deal if needed.

Step 3. Property valuation

Step 4. Your mortgage offer

Step 5. The legal bits

If you already have a mortgage with us there’s no legal process to follow.

If you don’t have a mortgage, we’ll get our conveyancing partner enact Opens an overlay [Will show a security message first] Opens an overlay [Will show a security message first] to deal with all the legal parts of your application and ensure your property is suitable for our mortgage process.

enact Opens an overlay [Will show a security message first] Opens an overlay [Will show a security message first] will get in touch with you to ask for any further information they might need. The whole process can take a number of weeks to be completed, but you can give us a call, or ask us to send you text message updates if you’d like to be kept in the loop.

Step 6. Your completion date

Step 7. Your funds are now available

Before you apply

Useful documents

Next steps in your application

Buying a property

If you’re looking to buy a property, this is the step-by-step guide you need.

View property buying guide

Move your mortgage to us

If you’re looking to move your mortgage to us, we can help you to understand the process, what you need to apply and more.

Move your mortgage

Get in touch

Are you in the market for a new mortgage? Do you have a question about your recent application? Or perhaps you’re ready to pay off your mortgage? Whatever your query, we can help you find the right team who can answer it.