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Can you add to your mortgage to do a loft conversion
kimmy2115
Posts: 1 Newbie
hi all
new to the forums and looking for some advise. is it possible to add the cost of a loft conversion to your mortgage
many thanks
new to the forums and looking for some advise. is it possible to add the cost of a loft conversion to your mortgage
many thanks
0
Comments
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It may be possible depending on the figures and meeting lender criteria.
Speak to your lender and see what they could offerI am a Mortgage AdviserYou should note that this site doesn't check my status as a mortgage adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0 -
It probably depends if you have enough equity already in the property.
So any further lending would be based on the current value of the house and would not consider what the property value would be after improvements.0
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