Guide to Credit Re-assessment
Moving home?
Don't forget to protect your new home and it's contents too.
Find out more about buildings and contents insurance
You could be better off than you think.
While you're getting older (and hopefully wiser) it's likely that your income will go up and it's possible that the value of your home will increase too.These changes in your financial life mean that your mortgage can work harder for you.
How does Credit Re-assessment work?
It's simple:- We'll look at your income, expenditure and the latest value of your property to work out if we can lend you more money
- Borrow at our Freestyle standard variable rate or at a fixed rate (when available)
The facts:
- Further borrowing will increase your monthly mortgage repayments and the amount secured on your property
- The minimum drawdown following Credit Re-assessment is £1,000
- A Credit Re-assessment fee may apply
Find out more about Credit Re-assessment
To find out more, read Your Questions on Credit Re-assessment or call us on 0845 845 8450.
