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Can I re-mortgage if I am a shared owner?

We do allow re-mortgaging on a shared ownership property but there are limitations if applying for a further advance.

A further advance means you are borrowing more money than the previous mortgage. We can only agree to a further advance to be taken out for a number of purposes:

  1. Home Improvements
  2. Staircasing
  3. Transfer of equity

For further information please call us on 0300 456 2099 and ask to speak to the Home Ownership Approvals Team or email us.

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