Additional borrowing
Are you looking to free up some of the equity in your home? Chances are that with house prices on the rise and your mortgage decreasing as you pay it off, your home is now worth much more than you owe. As a valued customer, we’d like to give you the opportunity to access some of the capital in your home with a further advance†.
- You may choose to spread the cost of the loan over the same term as your mortgage or you may prefer to pay it off over a shorter period.
- We will give you a quick decision and prioritise your application so that you can get the money you need without any hassle.
- Naturally, as an existing customer, you will continue to enjoy all the benefits of a Co-operative Bank mortgage.
Simply get in touch to discuss your additional borrowing needs. Call our friendlycustomer relationship team on 0800 0288 288.
If you wish to reduce your carbon footprint and have thought about improving your homes energy efficiency, The Co-operative Bank has launched a new mortgage option to help you. You can use the equity in your home to pay for energy efficient home improvements and we will reward your commendable efforts by offering you an exclusive deal!* For more information see Energy Efficient Advance.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
If you are experiencing financial difficulties, we can help and give you advice, please ring our mortgage helpline on 0161 829 4668 or view the paying your mortgage section. If you would prefer to discuss with an external debt counselling charity who can provide free advice tailored to your individual circumstances, then please ring the Consumer Credit Counselling Service helpline on 0800 975 9558 or visit their website www.cccs.co.uk.
* subject to terms and conditions
† Subject to credit checks, affordability assessments and a house revaluation
