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£100K loan for an extension

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Comments

  • Caroline_a
    Caroline_a Posts: 4,071 Forumite
    I'm assuming your quote is only for the building work. Add on to that all the decorating, flooring, curtains, light fittings, etc etc that the additional new space will need. This part gets surprisingly expensive!!
  • DCFC79
    DCFC79 Posts: 40,644 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    SalsaDanca wrote: »
    You could consider doing the work in two phases. Build the single store rear extension now for £33k or less, and leave the side extension to be done at a later date.

    Good idea but will it be ok for the OP, will find out later.
  • gycraig_2
    gycraig_2 Posts: 533 Forumite
    edited 5 December 2016 at 10:10AM
    Can't see anyone loaning 90k for building works on a house that you have 50k equity in.

    If you have no kids etc what would you even need an extension for o.0. Also 90k extension on a 200k house could you not just get a LOT bigger house nearby for that
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