How likely do you think I would be able to get a loan?

Potbellypig

I think you're being optimistic about the whole thing, but hey, nothing wrong with it.

My advice? Buy the house and live with your parents until you can save enough money bit by bit to do it up over time. 1 month do the painting, next month buy and fit the carpets, next month etc etc. You'll be surprised over time how savvy you can be with certain things. If it goes through like you want, you've got a mortgage of £70k, a £15k loan and household bills to pay that you don't have now. That's a lot of pressure all in 1 go.

Good luck.

FirstTimeBuyerRenovation

Thankyou for the advice everyone, and the concerns too.
When I mentioned the 15K would be a pipe dream, I didn't mean it in such a reckless way.
I do have my reason why I'd think this would be an ideal amount.
The house does need some serious work, the kitchen does definitely need replacing.
The rest... well the rest is awful and in major need of refurbishment but it's certainly liveable. The bathroom, is old, but clean I could deal with that.

The reason I want the amount I mentioned is basically to prevent additional work in the future, what I mean by this just for example... the bathroom waste pipes are currently internal. They take up an awful lot of space in the bathroom, and go down in to the kitchen and take up a lot of space in the corner. Whilst this obviously wouldn't be an immediate concern by no means, I wouldn't want to fit a new kitchen and bathroom, to then find in 2 years time I can then afford to move the waste pipes externally, freeing up the all the space. And then having to redo the kitchen and bathroom.
I'm not a fan of wallpaper, or artex. That's fine though, I could live with it now as the cheap option. But I'd like in time to get new radiators fitted and sink the pipe work in to the wall. Again, I wouldn't want to plaster the room for example, to then find that in a few years I have saved enough money for new radiators everywhere, get the pipework sunk in to the wall, and then have to reskim the walls.
A dividing wall has been put up in the house to split the living room in to a small room, and then added on a dining room. First thing I would do is rip that wall out and open it back up in to one large room. I'm not entirely sure I'd fit my 50" TV in to current living room as it is... Not too sure how much of a mess that'll leave on the solid walls. A 'serving hatch' was also added to the dining room. That'll be bricked up and need to be plastered over. I'd do same with the fireplace. It'd make more sense buying new radiators now whilst the room is being skimmed over, rather than wait a few years to do it then, to have to reskim again.
I think a realistic figure to renovate the entire house I'd be looking at approximately 10K. Bathroom and kitchen being the biggest expenses. Moving the waste pipes externally would probably be costly. But I imagine I'd get everything done for that figure, with the house exactly how I want it.
Now of course I could do it the slower way. I could save up, live with it how it is, instead of plastering maybe just put new wallpaper on until I can afford to get the place plastered. Buy a cheap kitchen and bathroom for the time being. Get everything done, then in three years time when I've finally got around to doing everything, decide to replace the cheap kitchen and bathroom with something I like. But, at that point, I'd be more out of pocket from the money I spent on the cheap bathroom and kitchen then I would have been paying the APR on the loan?

I'm new with loans, the figures I found/mentioned before would certainly be affordable for me, that said, I wasn't aware that I was unlikely to get the APR I quoted. I think I just used confused.com or something, put the amount I wanted in, how many years, sort by APR from lowest to highest, and there was Tesco bank telling me those figures. Obviously if it comes to it, I apply for a loan, and Tesco say, no actually, 15K over 7 years won't be £196, it'll be £320 a month, then I'll obviously have to reevaluate everything.

Oh, and why am I talking about 15K if I believe 10K should get the job done? Well, two reasons. I'll be moving in to the house as soon as the kitchen, living room and a bedroom is ready. Possibly bathroom too, but that's usable for now. The fireplace, as I mentioned, that'll be taken out, bricked up and never used again. Now the chimney takes considerable space up downstairs, the kitchens are fairly small in these houses. What I'd like to do in an ideal world (I appreciate nobody lives in an ideal world), is remove the chimney from top to bottom. It'll open up so much space in the kitchen and make it considerably bigger. I think that job is literally a now or never job. The mess it creates, will rule it out completely once I've moved in, obviously it'll mean re-plastering again..., of course anything could happen in the future, but as things stand this is a house I would be happy to live in for the rest of my life. The chimney is just literally a now or never job. I think that's where my pipe dream comment was directed. I can't see it happening to be honest, it'd just be nice to be able to do it though.

With regards to the 25 hour contract, in theory of course the hours could drop just as easily as they went up and there would be nothing I could do about it, due to my contract. It is however unlikely. Other than the wages affected by my sickness, the lowest wage I've had since October is about 1,650 after tax. I'm due a wage increase in October. I work in a warehouse for the fastest growing supermarket in the UK, who are due to increase their service area from 100 to 130 stores in the next year alone. It's unlikely.

I do appreciate the advice and concerns from you guys. I know not everyone will like the idea of using loans to finance renovations, or anything if they can help it. But, I do have my reasons for wanting to do this. It isn't something I'm just doing on a whim and I have put some thought in to it, and I'm here to do my research obviously.

I wasn't aware the APR quoted may not be what I'm offered.
15K may be an unrealistic figure, if anything at all.
I was mostly here just to figure out my chances of getting a loan, especially after being declined the mortgage from three providers, just so I can start planning.

I guess it'd be best planning for all three scenarios, the loan I want, a reduced loan and no loan at all.

Nebulous2

It's good to be ambitious, but doing all that work at the beginning could be out of reach. Good luck with it anyway.

Really important though. Do not apply for any loans until the mortgage has gone through and the house is yours. The mortgage company could do a final credit check before releasing the money.

Pixie5740

When looking for loans on confused.com, or any website for that matter, the APR quoted is the "representative APR" not the APR that you will definitely be offered. The representative APR is the rate offerered to 51% of successful appliacants, the other 49% will be offered a higher rate dependent on their financial circumstances.