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Can I request a new evaluation after rennovations?
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Aldraba
Posts: 2 Newbie
I bought my house a year ago and now I'm adding a 4.5m double storey extension and I'm converting the loft.
I'm looking for some advice on when I can request a new evaluation of the house so I can use the extra money to keep going on with the renovations?
Any help would be great!
I'm looking for some advice on when I can request a new evaluation of the house so I can use the extra money to keep going on with the renovations?
Any help would be great!
0
Comments
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You can remortgage whenever you want, subject to fees and any early redemption charges. Do you think the value has gone up much in a year though?
Whether you can borrow more will depend on affordability and the usual checks.
Your extension won't add any value until it's complete though.0 -
Before you ask, you cannot borrow against the future value of building works that haven't yet happened.0
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Thank you for your responses.
The extension and the conversion will be completed on the time of asking. I just want to be able to make some changes in the distribution of the house once the extension is done.0
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