Buy-to-let mortgages
for intermediaries.

Further advance

A further advance provides additional funding to help your client achieve their property aspirations - whether that’s making energy efficiency improvements or expanding their portfolio. 

Key features and benefits of further advance

  • Your landlord client can raise capital to expand their property portfolio
  • They can release money to make improvements to their existing properties
  • You receive 0.40% procuration for every further advance you do

Interested in learning more about our
further advance product range?

To see our full range of available further advance products, download our product guide.

Further advance product guide
WANT TO SPEAK TO SOMEONE?

Call the Customer Retention Team

If you’d prefer to speak to someone about a further advance, you can call our experienced team and they’ll be happy to help!

Alternatively, enter your postcode here to get in touch with your Business Development Manager.

Key documents:

We've gather together the most important Further Advance documents for your convenience below.

You can also browse all our mortgage documents by clicking here.

Find your Business Development Manager

You’ll need to speak with one of our Senior Underwriters if the total amount of lending you’re asking for, including the forward funding facility, is more than £2,000,000.
Once we’ve agreed the facility, we’ll send you and your landlord client a letter detailing how much we’re willing to lend and how long this is valid for. We’ll also send you the subsequent property application form to use for all future applications under this facility.

Paragon Bank PLC is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Registered in England number 05390593. Registered office 51 Homer Road, Solihull, West Midlands B91 3QJ. Paragon Bank PLC is registered on the Financial Services Register under the firm reference number 604551