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Owner Occupier mortgages for additional borrowing

Owner Occupier mortgages for additional borrowing

See all of our current Owner Occupier mortgage products available for additional borrowing.

The mortgage will be secured on your home. Your home may be repossessed if you do not keep up repayments on your mortgage.

All of these Owner Occupier mortgage products have limited funds available and may be withdrawn at any time. Our mortgages are available to applicants aged 18 and over for properties in England or Wales.

This information should be read in conjunction with the following documents: 'Additional Information about our Mortgages' and 'Getting a Mortgage: what you need to know' guide, which provide important information about our mortgage services.


Initial interest rate Current follow on rate Overall cost for comparison Repayment or Interest-Only? Max % Loan to Value (LTV) Product fees Additional

3.54% 3 year discounted rate by 0.85%

3.54% 4.39% 4.3%APRC
  • Interest-Only
75% £999~ £500 cashback for remortgages^

Key things to bear in mind

  • Purpose - Purchase and remortgage
  • Discount - 0.85% applied to our Managed Mortgage Rate for 3 years
  • Minimum rate - 3.44% 
  • Loan to Value -  Maximum 75%.
  • Application fee - £175 + Valuation Fee                        
  • Valuation fees - Free for properties up to £500,000. For properties above £500,000 the standard valuation fee scale applies, less £330 discount. 
  • ~Product fee - £999 for loans up to £500,000. For loans above £500,000 0.3% of the loan amount. 
  • Additional benefits:
    - ^Cashback - £500 cashback on completion for remortgage applications
  • Early Repayment Charges -  3% in the first year, 2% in the second year, 1% in the third year           
  • Maximum loan - No maximum.
  • Minimum loan - £45,000
Affordability calculator Email us Ask us to call back Summary & fees

Representative example

A mortgage of £140,040.00 payable over 10 years initially on a discounted variable rate for 3 years at 0.85% below our variable Managed Mortgage Rate and then on our variable Managed Mortgage Rate, currently 4.39% would require 35 monthly payments of £413.12 and 85 monthly payments of £512.14 plus one initial interest payment of £422.31.

The total amount payable would be £199,727.41 made up of the loan amount plus interest of £58,413.41, an Application Fee of £175, a Product Fee of £999 and a Mortgage Exit Fee of £100.

The overall cost for comparison is 4.3% APRC representative.

More downloads & what you'll need to apply

More mortgage downloads


We carry out an electronic ID check on all applicants. If this fails you will need to provide us with ID documents.

Bank statements

• Three full months most recent consecutive bank statements for all current accounts, to evidence all income and outgoings. Bank statements must show the applicants name, account number, sort code and bank logo. 

If you're renting your current home you'll need...
• 12 months statements showing rent payments. 
If you already have a mortgage you'll need…
• Proof of mortgage payments - we carry out an electronic credit check on all applicants which usually confirms this. However if this fails, we will need proof. This can be provided from 12 months bank statements, the latest mortgage statements, or a combination. To speed up our underwriting, you can provide these on submission.

Proof of income

If you're employed in a company you'll need...
• Three months most recent payslips
• Most recent P60.

If you have property or investment income you'll need...
• Two years most recent SA302s.

If you're self employed you'll need...
• Two years most recent accounts or two years most recent SA302s / Tax Calculations (100% Completed) or Family Building Society Accountant’s Certificate
• Accountant’s details on the application form.

If you are already retired or if the term of your mortgage term goes beyond retirement or age 70 you'll need...
• Most recent Pension Statement or letter from Department for Work and Pensions
• Most recent annual Pension Statement
• Most recent P60.

Other items

Evidence of deposit for purchases
• Evidence of deposit in an account held by the applicant(s)
• For gifted deposits, we require evidence of the funds in a UK account and the giftors details (name, date of birth, relationship to applicants).

If you already let a property you'll need...
• Evidence of rent being paid in and mortgage being paid out (bank statements requested above may already cover this).