Borrowing more

Sometimes we all need a little extra finance to make those much needed home improvements. Speak to one of our friendly advisors who are here to help you achieve your goals.

If you are a buy to let customer, some of the terms are slightly different. For more information speak to one of our advisors.

Things to know about borrowing more:

  • There is an application fee
  • Your further lending will be secured against your home and when added to your existing mortgage cannot exceed 90% loan to value (LTV) 
  • The minimum term is 2 years and maximum term is 40 years
  • No additional borrowing can be considered for at least 3 months from the commencement of the mortgage
  • You cannot borrow more if you are in arrears and must be able to demonstrate a satisfactory payment history
  • Applications for additional borrowing are subject to the LTV and must meet our current lending requirements

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Members Get More See how you could be getting more from being a Principality Member.

  • 6th largest UK building society
  • A mutual building society, owned by and run for the benefit of our 500,000 members
  • Over 150 years experience
  • Taking care of over £10 billion of our customers' assets
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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE