Kick-start your next home project with our additional borrowing options.
Additional borrowing made simple
Dreaming of a new bathroom, walk-in wardrobe, loft conversion or kitchen extension? You could be eligible to borrow more against your home through your existing Furness mortgage. That new games room, home gym or garage bar could be closer than you think!
You can start borrowing from £5,000 through a limited selection of products. However, if you’re looking to borrow £30,000 or more, you could be eligible for any mortgage product in our range. Whether that be to clear a debt, for home improvements or a new car, our team is on hand to guide you through your options. Simply call us on 0800 781 4311 or make an appointment at your nearest branch.
Is additional borrowing right for me?
Additional borrowing works by increasing the amount of your existing mortgage. There are many reasons why a further advance on your mortgage could be a great option:
Making home improvements
Helping your children with their home deposit
Purchasing a new car
Paying off other credit or loans up to £30,000*
Buying land joined to your property for personal use*
Acquiring shares in a shared ownership scheme (staircasing)*
Purchasing an investment property or holiday home*
Unfortunately, we would be unable to accept applications for the following reasons:
Capital raising for business purposes
Payment of a tax bill
Purchase of speculative investments i.e. shares
Payment of gambling debts
*Please note that restrictions may apply and each application is considered on an individual basis. If you would like to learn more, our team will be able to advise based on your specific circumstances. Call us on 0800 781 4311.