Further advances
From Wednesday 13 April 2022, you can submit a Further Advance application on your client(s) Limited Company account.
Make sure to also check our Limited Company criteria.
If your client already has a Buy to Let mortgage with The Mortgage Works and wants to borrow more, they could borrow up to 80% of the value of their property (including their current mortgage), for any reason except to raise money for business purposes.
Please use our further advance calculator to calculate your client's maximum further borrowing.
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Reasons to place business with The Mortgage Works This will reveal additional content
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Rate switches and further advances This will reveal additional content