Nationwide mortgages - re-mortgage and repo

shytea

I bought my house in Dec 2010 it was a repo and i bought it for 125k I have spent about 50k on it because it needed new windows, new boiler, all flooring, kitchen,complete bathrooms (four of them), guttering, it was completely gutted inside so had a lot of internal building done, floors and ceilings, complete make over of garden etc
I have a mortgage of about 95k but would like to remortgage to pay back the 50k I need to do all the alterations and a little more to clear other debts off.

How will they work out how much my house is worth? Am I best sticking with Nationwide?

Our house is totally different to any on our road, it was 6 bedrooms when we bought it although now currently only 5 - the only other 5 bedroom house on our street is our old house (we moved across the road) but although it is 5 bedrooms it is a lot smaller and no where near in good condition as this one and was sold for 30k less than it was worth (I know a house is only worth what someone will pay for it, but we did price it cheap to get rid of it so we could concentrate on this house).

Is it worth getting a few EA round or will they not be worth it when remortgaging?

Thank you.

Thrugelmir

How much is the property approx worth?

How much is required to clear your debts in total?

shytea

I imagine the property is worth about 190-210k (but really this is just an estimate as I have no idea, in June 2011 an EA said 190k if I wanted to sell fairly quickly).
Debt I would like clearing is approx 65k (in total)