Borrowing more

Free up the equity in your home

Think carefully before securing other debts against your home.
Your home may be repossessed if you do not
keep up repayments on your mortgage.

How would you spend some extra money? Perhaps on that extension you’ve been thinking about, a new kitchen or even something unrelated to your home – like a wedding or holiday.

As a mortgage customer with The Royal Bank of Scotland, additional borrowing could be the answer if you're looking to use the equity in your home to borrow more money.

However, you should think carefully about borrowing for non-property related purposes, as the loan will be secured on your home.

Why not call us to talk through the options?

Benefits

  • Freedom - spend the money on what you like - including home improvements or an unforgettable holiday
  • Borrow at mortgage rates - our additional borrowing rates could be a great alternative to other loans
  • Borrow large sums - you could release up to 90% of the equity in your home, up to £500,000. Compare this to a personal loan – which is usually limited to £25,000
  • Simple – a single monthly payment covers your mortgage and your additional borrowing
  • Overpay – up to 10% of your outstanding balance each year, with no early repayment charge

Want to borrow at the same rate as your mortgage?

Our offset mortgages could be the perfect answer.

Higher Lending Charge

A Higher Lending Charge will apply to all loans above 90%.