Borrowing more on your mortgage or loan

We’re closed to new business and can’t offer any further loans, additional borrowing, new mortgages or loan deals to customers.

If you have a mortgage and need to borrow more money, one option could be to remortgage and move to another lender. They could potentially allow you to borrow a greater amount upfront or take out a further loan once your remortgage has completed.

If you have a standalone unsecured loan and would like to increase the amount you’re borrowing, you could consider searching the market to find a new loan with another lender. This may allow you to pay off your unsecured loan with us.

If you have a Together mortgage, which is a combination of a secured mortgage and an unsecured loan, you might be able to remortgage and borrow enough to pay off your total outstanding balance with us.

However, if you move your secured mortgage to a new lender but leave the unsecured loan with us, the interest rate on your unsecured loan will increase by an amount listed in the terms and conditions of your original agreement.

If you don’t have your original Together mortgage agreement, you can request the information using Self-Serve, our online system. To do this, simply sign-in and send us a secure message, using the Redemption Queries option. Find out more here.

Alternatively, if you are unsure about this, you can contact us or take advice on this from a mortgage broker or independent financial adviser.

Find a new deal that’s right for you

We recommend that you speak to a mortgage broker to discuss your situation and find a new deal that meets your needs. Please be aware that some brokers charge advice fees for their services, so you may want to confirm this with them.

If you don’t have your own broker , you can visit the independent Unbiased website. You can use their website to find a broker who will then contact you to arrange an initial free, no-obligation discussion.

Once you’ve found a broker, we’d recommend you verify their details on the Financial Conduct Authority’s Financial Services Register.

To read more about remortgaging, please see the MoneyHelper website for further information. MoneyHelper is a government backed body that offers free, independent and impartial guidance.

The MoneyHelper website also has a section about personal loans that might be useful for you.

Other information on our website that might be useful

Useful tools & calculators

Our calculators will help you plan and consider some of your options.

Useful Tools

Redeeming your account

Find out all the information if you’re redeeming (paying-off) your mortgage or loan with us.

Redemption

Making overpayments

See the positive impact making overpayments could have on your mortgage or loan.

Overpayments

Financial difficulties

Find help and support if you’re struggling to make your monthly payments.

Money worries

Please note, this page contains links to external websites. We are not responsible for the content of external websites.

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