As with any mortgages additional borrowing is subject to the same checks on affrordability, credit history and personal circumstances.
Some common uses for extra borrowing are:
- Deposit for a buy to let property
- To gift to children
- School/Uni Fees
- Land Purchase
- Business Purposes
So how do I borrow extra on my mortgage?
A mortgage broker will assess your circumstances, your current mortgage, any charges, fees and what you are looking to borrow any additional funds for to provide you with the right options.
As we have access to the whole mortgage market we can make sure that you are getting the cheapest additional borrowing mortgage deal for your circumstances.