What is a readvance?
When you have repaid a portion of your home loan, you may borrow all or part of the loan amount again. A new bond will not be registered.

What documentation do I need?
In addition to those required for an ordinary home loan, the documents listed below must be obtained for a readvance.

Readvance for additions or improvements only

• detailed quotation
• approved plans – if applicable
• proof of income – if applicable