Further advance
Further advances may be available to existing borrowers, subject to meeting eligibility criteria
Where we can offer further advances
- Six months from completion
- For a minimum loan of £10,000
- For a maximum loan-to-value of 85% (debt consolidation is limited to 80%)
- For legal purposes only
Where we can't offer further advances
- For paying tax
- For payments of Inland Revenue tax bills
- For gambling
- For payments of gambling debts
- For investment into business
- For purchasing a timeshare
- For speculative investments such as cryptocurrency, currency speculation, stock and shares
- For investments in or the purchase of a property from a Property Investment Club (PIC)
- For purchases or remortgages of shared ownership property unless it is to take ownership up to 100%
- For raising funds for injection into a business
- For sale and leaseback properties