If you are looking to significantly change or develop the security property and we were not aware of this when we agreed to your loan, it may not be something that we can agree to, as the value of your property may change throughout the development. To change/develop the security would pose a greater risk to us as a lender than was agreed to under the terms of our original Offer Letter.

As a starting point we'll need to understand how you propose to fund the development, how you'll continue to make your monthly payments on your loan with us, and any effects on the value of the security property, both in the development stages and if the development were completed.

If you are thinking of applying for planning permission, please call us on 03301 234 522 to discuss your proposals.