Consolidation on to new mortgage

Harrogate83

Advice needed:
I bought my first house almost 2 years ago, my fixed rate mortgage is up in April.
Since doing work etc to the house it has increased in value from £70k to £90k.
I took out a loan and have spent on credit cards which has put a huge strain on my finances to get the house completed.
(Being a novice)What is the best way to consolidate the outstanding debts with my mortgage when I start to look for a new mortgage in April?
Many thanks

mrginge

How much is your mortgage and what have you done to add 30% to the value?

Harrogate83

My mortgage was for 64k and the house was a wreck. Have done everything, electrics central heating all new bathroom damp proofing. What it would sell for now is based on what other houses have sold for in same street.

Thrugelmir

Harrogate83 wrote: »

My mortgage was for 64k and the house was a wreck.

You wouldn't have obtained a mortgage if it were.

In general lenders aren't keen on debt consolidation. Don't expect to recoup all of your expenditure either. £20k seems a huge amount on a house that was bought for £64k.

Harrogate83

I bought for 71k so my mortgage was approx 64k as it was 10% deposit since I bought the house very house of the same size in the street has sold for between 89-96k.
I know I'm not making money and will probably just cover my expenditure but I'm looking for best way to remortgage as with the salary I have I am able to get mortgage for quite a bit more than I did when I bought the house 2 years ago