Valuation Question for remortgage

ld1978

Hi all,

We are in the process of applying for our remortgage with Skipton. First time of getting my ex bankrupt hubby on the mortgage with me so am chuffed to bits if we get it all through!

We are looking to borrow extra to extend and looking to borrow 90% LTV with Skipton to allow us to do the work. We said 290k for the current value and I started to worry it would be too high. I called Halifax who are my current lender and their index value is 298,700 so easily enough (if we were sticking with them)

Skipton are sending Connells on Friday. Is the index value a good indication to go with or could Connells value it at much lower? I always though index value was lower?

Im hoping we get the 290 value to allow us to borrow our LTV to do the work. Its a shame as I hope once finished we will of increased the value of the house (although I know they dont take it into account)

Thanks in advance

ld1978

Just bumping this up in case anyone has any advice or idea on this? Thanks

ld1978

Bumping again. Is there nobody who can tell me how the index value would relate to surveyor value?

Thanks