Yes, you can borrow more when you remortgage. A capital raising remortgage increases the total mortgage balance to include both your existing outstanding balance and the additional amount you want to raise, securing the increased total against your property. How much you may be able to raise depends on two constraints: how much equity is in your property and what your household income will support.
Guidance prepared by CeMAP-qualified advisers · Updated July 2026
Yes, you can borrow more when you remortgage. This is called a capital raising remortgage: you increase your mortgage balance and the additional funds are released to you or paid to your agreed purpose. How much you can raise depends on your available equity (typically up to 85% LTV) and whether your income supports the new total monthly payment.
Remortgaging to release equity works by remortgaging the whole property at a higher balance than your current outstanding mortgage. The new lender, or your existing lender if doing a further advance, pays off your existing mortgage and advances the difference as the equity you are releasing.
The process is the same as a standard remortgage in terms of application, income and affordability assessment, credit check, and property valuation. The key additional assessment is whether the total new mortgage, including the capital raise, remains within the lender's maximum LTV and is affordable based on the new monthly payment.
On completion the new lender pays off the existing mortgage. The net proceeds after repaying the existing balance are paid to you or directly to the agreed purpose, such as a contractor for home improvement works, a conveyancer for a property purchase, or your account for consolidating unsecured debts. We confirm the release mechanics for your specific purpose as part of an initial assessment before any application is submitted.
Increases to include the existing balance plus the additional amount.
Limited by the lender's maximum LTV and affordability, whichever is lower.
Mortgage rates may in some cases be lower than personal loan or unsecured credit rates.
The purpose of the capital raising is assessed and disclosed as part of the application.
May reduce monthly payments but you may pay more interest overall.
Total new balance, the new rate, and any change to the term.
Some mainstream lenders may advance up to 85% LTV, though this varies.
Assessed on the total new mortgage including the additional amount.
An initial affordability assessment before any application, so you know the realistic maximum and the monthly payment impact upfront.
No charge for the initial discussion. A non-refundable £299 broker fee is payable on receipt of a formal mortgage offer (only if you choose to proceed).
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Woodhall Mortgages is a whole-of-market mortgage broker. We consider a comprehensive range of mortgages from across the market, but not all lenders or products may be included.
We aim to ensure our communications are clear, fair and not misleading, and that products and recommendations are appropriate to your circumstances. If you are experiencing financial difficulty or feel you may need additional support, please let us know so we can adapt our service and provide appropriate support.
Select the guide most relevant to your reason for raising capital for detailed advice on lender criteria, maximum borrowing, and worked examples.
Extensions, loft conversions, kitchens and bathrooms. How lenders assess home improvement capital raising.
Read the guide →Consolidate credit cards and personal loans. Important risks to understand before proceeding.
Read the guide →Raise the equity needed to pay a former partner their share following separation or divorce.
Read the guide →Release equity to fund the deposit on a second residential property, buy-to-let, or holiday let.
Read the guide →How capital raising remortgages work, maximum amounts, lender criteria, and accepted purposes.
Read the guide →
We can carry out an initial assessment to indicate the maximum you may be able to raise and the monthly payment impact, before any application is submitted. Speak to an adviser for a no-obligation initial discussion.
A capital raising remortgage secures additional borrowing against your property. This means the additional sum, as well as the original mortgage balance, is at risk if repayments are not maintained. For debt consolidation purposes, where unsecured debts are converted into secured debt, this is a significant change in risk profile. Consolidating unsecured debts into a mortgage may reduce monthly payments but you may pay more interest overall compared to keeping debts unsecured, as the debt is spread over a longer term.
The maximum equity you may be able to release through remortgage is determined by two constraints working simultaneously. The binding limit in your case will be whichever produces the lower maximum.
Most lenders set a maximum LTV for capital raising remortgages, commonly up to 85% of the property's current value, though this varies by lender and purpose. The total new mortgage, including the additional amount, must stay within this limit.
Max additional = (value × LTV%) − balanceLenders assess whether the total new monthly payment is affordable based on household income. Where affordability produces a lower maximum than the LTV, affordability is the binding limit regardless of how much equity is available.
Max mortgage = income × multiple| Property Value | Outstanding Balance | Current LTV | Max at 85% LTV | Max Additional |
|---|---|---|---|---|
| £250,000 | £150,000 | 60% | £212,500 | £62,500 |
| £280,000 | £130,000 | 46% | £238,000 | £108,000 |
| £300,000 | £140,000 | 47% | £255,000 | £115,000 |
| £350,000 | £200,000 | 57% | £297,500 | £97,500 |
| £400,000 | £180,000 | 45% | £340,000 | £160,000 |
Illustrative only. Actual maximum LTV varies by lender, property type, and purpose. Affordability assessment may produce a lower maximum.
LTV thresholds, income multiples, and payment figures on this page are indicative only. Individual outcomes depend on your specific property value, outstanding balance, household income, credit profile, and lender criteria at the time of application. See MoneyHelper's guidance on further borrowing for an independent overview alongside our advice.
Purely illustrative hypothetical example. Assumed rates only. Not based on a live product.
This example is purely illustrative using assumed rates and figures only. It is not based on a live product or current lender criteria. Individual outcomes depend on your specific property value, outstanding balance, income, credit profile, lender criteria, and the rate environment at the time of application. A personalised illustration (ESIS) will be provided where required before you proceed.
Payment impact modelled before application, so the full monthly cost is clear before any commitment.
No charge for the initial discussion. A non-refundable £299 broker fee is payable on receipt of a formal mortgage offer (only if you choose to proceed).
How to compare the true cost of remortgage products, not just the headline rate.
Every remortgage option including fixed rate ending, raising capital and switching lenders.
How debt consolidation remortgages work, and the risks to understand first.
How lenders assess remortgage applications with defaults, late payments or a low credit score.
We model the full payment impact for your specific purpose and amount before any application is submitted, so you know exactly where you stand.
No charge for the initial discussion. A non-refundable £299 broker fee is payable on receipt of a formal mortgage offer (only if you choose to proceed). We may also receive commission from lenders. Your home may be repossessed if you do not keep up repayments on your mortgage.
Find Out How Much You May Be Able to RaiseImportant information: Your home may be repossessed if you do not keep up repayments on your mortgage. Think carefully before securing other debts against your home. Consolidating unsecured debts into a mortgage may reduce monthly payments but you may pay more interest overall compared to keeping debts unsecured, as the additional debt is spread over a longer term. A capital raising remortgage increases the total debt secured against your property. Rate figures, LTV thresholds, payment examples, and maximum borrowing figures on this page are indicative only. Woodhall Mortgages is a whole-of-market mortgage broker. We consider a comprehensive range of mortgages from across the market, but not all lenders or products may be included.
Fees and commission: A fee of £299 is payable on receipt of a formal mortgage offer. This is the only fee we charge for mortgage advice. This fee is non-refundable once the offer has been issued. We may also receive commission from lenders. This does not increase the cost to you.
Woodhall Mortgages is authorised and regulated by the Financial Conduct Authority. Firm reference number 762513. Registered address: Croft Myl, West Parade, Halifax, West Yorkshire, HX1 2EQ.
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