The versatile youngster will remain at Bradford Park Avenue until the New Year after initially signing a one month loan deal in November.
Lancaster has already made four appearances for the 'Green Army' in the Vanarama National League since joining in November, with the West Yorkshire-based outfit currently sat 21st in the division.
The 20-year-old made two appearances for the Reds this campaign, both coming in our Papa John's Trophy Group E victories against Newcastle United U21s and Doncaster Rovers.
Everyone at Oakwell wishes Will all the best during his time out on loan!