Once you have a mortgage with us, we may also be able to provide you with additional funds for a wide variety of purposes. You may want extra funds to build an extension for your growing family, for a new kitchen or to make repairs or improvements to your home. Our additional loans allow you to use some of the value in your home to help you do the things you want.
Our additional borrowing features:
We constantly monitor market conditions to ensure our loans offer you long-term value for money. This means that our additional loans range changes from time to time to meet customer needs and market conditions. Therefore, please refer to our 
additional loans factsheet for a list of our available additional loans.
We currently offer a Home Energy Efficiency Additional loan for you to purchase energy saving measures for your home. For more information take a look at the additional loan factsheet.
If you decide to take one of our current additional loans you will be charged a product fee, currently £95.
A re-valuation of your property will be necessary for which a non-refundable valuation fee of £75 is charged. However, depending on your total borrowing you may qualify for a free re-valuation. Please ask for more details.
Your additional monthly payment for your additional loan will be collected along with your main mortgage payment each month. You can choose the period over which you repay the additional loan, either spreading the monthly payments over the remaining term of your main mortgage or over a shorter period if you want.
In order to apply for an additional loan, your mortgage must have been open for at least 6 months and all monthly payments made on time. The purpose of the loan must be acceptable to us and the loan meet all our normal lending criteria.
Yorkshire Building Society is one of the largest building societies in the UK. We offer a range of financial products and services including: savings & investment accounts, insurance products, loans, mortgages and more.
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Yorkshire Building Society is authorised and regulated by the Financial Services Authority (FSA).