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Remortgage Advice....
lishmac77
Posts: 6 Forumite
Hi All
This is my first post!!
We currently have a LTV 85% and are looking at having a loft conversion. Our fixed rate comes to an end in April - are there any mortgages out there that would allow us to borrow more for a loft conversion?!
Thank you in advance for you help
This is my first post!!
We currently have a LTV 85% and are looking at having a loft conversion. Our fixed rate comes to an end in April - are there any mortgages out there that would allow us to borrow more for a loft conversion?!
Thank you in advance for you help
0
Comments
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You may well struggle to raise the funds you require.
Loft conversions tend to cost more than the value they add as well.0 -
Most remortgage products top-out at 85% or 90%, so you might be able to borrow the same again, or perhaps a little more, but I doubt this would be enough to fund such an undertaking.Hi All
This is my first post!!
We currently have a LTV 85% and are looking at having a loft conversion. Our fixed rate comes to an end in April - are there any mortgages out there that would allow us to borrow more for a loft conversion?!
Thank you in advance for you helpI am a mortgage broker. You 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. Please do not send PMs asking for one-to-one-advice, or representation.0
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