remortgages

maxi3

just bought a house need alot of work doing too it i want too mortgage it. it needs new kitchin ,bathroom,heating, the lot so i wont too borrow on it the house is worth £80000 i want too let say borrow £70000 what the cheapest way too do this if possible interest only loan please advise i own the house outright but not living in it yet:money:

herbiesjp

Ho w did you purchase the house in the ifrst place?

Was it a cash purchase?

If you want to raise the money against the property, you can, however remeber the surveyor will value the property in its current condition so the £80k needs to be a realsitic figure

I've noticed valuations being very conservative lately especially on re-mortgages