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Financial
Glossary of
Finance Terms
Additional
Borrowing /
Further Advance
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Additional Borrowing also known as a further advance, is available
through your existing lender and is subject to their being sufficient
equity in your property and your lenders terms and conditions. Generally
speaking the additional borrowing will be at a different rate to your
initial mortgage.
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Mortgages Expert Ltd is Registered in England no. 5479330, Mortgages Expert
Ltd is authorised and regulated by the Financial Services Authority - no.
438419
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.