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Can I apply for additional borrowing to increase my Tesco Bank Mortgage?

Yes – Once you have made six consecutive monthly payments to your mortgage you can apply for additional borrowing. Additional Borrowing is available on 2 year and 5 year fixed rate products up to 90% Loan to Value (LTV) and on our Standard Variable Rate up to 95% LTV.


We’ll need to check you can afford to repay any additional amount borrowed, so we’ll carry out a credit check and affordability assessment to make sure you can afford any increase to your monthly payment.

We may also carry out another valuation on your property, to make sure any additional borrowing does not result in the total mortgage balance going above our maximum Loan to Value. You’ll have to pay a valuation fee.


We may also ask you to pay a fee upfront to cover the cost of reserving any additional funds to be borrowed.


For more information on additional borrowing with your Tesco Bank Mortgage, including our current rates click on the “borrowing more” section at 


Your home may be repossessed, as a last resort, if you do not keep up repayments on your mortgage.