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Thinking about Remortgaging and Funding Extension

apwestgarth
Posts: 4 Newbie
Hi,
I'm starting to think about my plans for the next 3-5 years and namely my plans for my property etc. I am coming to the end of my 5 year fixed rate deal on a Northern Rock Together Mortgage and I'm planning on starting to look at my options shortly after Christmas.
I have plans drawn up for an extension to my house, in order to extend my kitchen and dining room, and whilst looking at the probability at remortgaging I was wondering if this was a good time to look to increase the borrowing to incorporate the cost of the extension?
I'm looking for some tips, experience from others who have been in similar situations/have done the same thing?
Anyone any opinions?
Thanks
Andrew
I'm starting to think about my plans for the next 3-5 years and namely my plans for my property etc. I am coming to the end of my 5 year fixed rate deal on a Northern Rock Together Mortgage and I'm planning on starting to look at my options shortly after Christmas.
I have plans drawn up for an extension to my house, in order to extend my kitchen and dining room, and whilst looking at the probability at remortgaging I was wondering if this was a good time to look to increase the borrowing to incorporate the cost of the extension?
I'm looking for some tips, experience from others who have been in similar situations/have done the same thing?
Anyone any opinions?
Thanks
Andrew
0
Comments
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What is the outstanding mortgage amount (plus any unsecured lending under the Together product) ?
What is a realistic value of the house, today ?0
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