Borrowing more

If you already have a mortgage with us, you may be able to borrow more money. This could help you pay for things like home improvements.

Borrowing more like this is called a ‘further advance’. It means borrowing more against the value of your home.

How to apply

To see if you can get a further advance with Newcastle Building Society, book an appointment using the link below or call us on 0345 601 0014*. Our lines are open 8am - 6pm, Monday to Friday.

They’ll ask you a few simple questions to check if you can borrow more.

They will ask about:

• Your income and spending, to check you can afford it
• How much you want to borrow
• What you will use the money for
• How long you want to repay it
• The estimated value of your home

If you are eligible, a mortgage adviser will:

• Give you full advice 
• Recommend the right option for you
• Send you an application form to complete

All lending is subject to affordability checks.

How much can I borrow?

We’ll look at the value of your home and how much you still owe on your mortgage. This helps us work out how much you may be able to borrow.

If you think your home’s value has changed, you can talk to our advisers about your options.