Borrowing more on your existing mortgage
To apply you must be 18+ and resident in the Channel Islands, Isle of Man or Gibraltar. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
Looking to borrow more against your home?
There are a number of reasons that you might want to do this; from planning a wedding, a dream holiday, buying a new car or home improvements.
However, it's important that you consider whether borrowing more against your existing mortgage is the right option for you. You might also want to consider a personal loan.
We recommend booking an appointment or requesting a callback with one of our mortgage arrangers who can outline your options with us, based on your personal circumstances.
Things to consider...
Applications for additional borrowing must be for an acceptable purpose. The most common purposes are home improvements, a new car, dream holiday or wedding. We'll cover this in full during your mortgage appointment.
The minimum borrowing amount on a mortgage is £25,000. A personal loan could be an option if you need less.
The minimum borrowing term is 3 years and the maximum is 35 years. Any new mortgage borrowing will run concurrently with your existing mortgage.
The maximum age for repayment is 65 years old. Where a mortgage extends beyond this age, you should be able to demonstrate continued ability to repay the loan by way of a pension or alternative means.