Additional Loans

If your client is looking to borrow more for home improvements, debt consolidation or any other non-business purpose, we could help.

Make sure you provide a mortgage illustration to your client(s) before submitting an Additional Loan application form - call 0345 1 200 891

Please note that at present, Additional Loans cannot be applied for online. You can download and print an application form from our info & downloads page.

Procuration fee

We pay 0.30% of the loan provided that you send a completed application form to us and the loan is £5,000 or above. No procuration fee is paid if the borrower approaches Accord directly.

Minimum Loan


Maximum Loan

Depends on LTV - check the criteria section of the , but the maximum loan is calculated as a total of ALL secured loans on the property.

Maximum LTV



Examples include:

  • Home improvements e.g. extension, double glazing, new fitted kitchen etc.
  • Purchase a joint borrower's interest in the property.
  • Capital raising (except business purposes)
  • To purchase the freehold of the borrower's property
Valuation Fees

A non-refundable £70 revaluation fee may be payable. Please call us on 0345 1 200 891 to check if this will apply.

  • No arrears on the account in the last 12 months or the account must have been open for at least 6 months and conducted satisfactorily. If the account does not meet these requirements please contact us to discuss any options.
  • Loan purpose is acceptable to us.
  • All additional loans will be agreed only on a capital and interest repayment basis.

Home improvements:

  • Available for alterations, improvements and repairs to the property, subject to normal lending limits and credit score. Additional lending will be based on the current value of the property looking at the HPI or an Internal Inspection provided by one of our panel valuers.
Mortgage illustration and application
  • A mortgage illustration must be provided to the client(s).
  • AFTER a mortgage illustration has been produced.
Offset / non-offset

Offset and non-offset products cannot be mixed:

  • If the original loan is offset, the Additional Loan must be offset.
  • If the original loan is non-offset, the Additional Loan must be non-offset.
Interest only

The customer may take additional borrowing on an Interest Only basis, or part Interest Only and part Capital and Interest basis.

Please be aware that different criteria apply for interest only mortgages. for further information.