Should I be worried by revaluation for mortgage advance purposes? Half way through renovation?

Wkmg

Hi. Took out an 85% LTV mortgage with Halifax last August for a doer upper (everything working, just very dated). We’ve fully rewired and replumbed the house as well as replastering all the rooms but one. We’ve also had a supporting wall taken down (building regs compliant) to make a bigger kitchen and added a downstairs shower room to the very large redundant hall. We’ve funded all this out of savings so far but to help us get over the finish line we wanted to take a bit more out on our mortgage. House cost 917500. We borrowed 750000 initially. Mortgage broker said he could get us 70000  which obviously means he thinks the value has gone up. Halifax have agreed in principal to lend us that amount but they’ve arranged a physical valuation survey. Prices have gone up significantly where we live and we have improved the house, it’s just the job isn’t quite finished. What I’m particularly worried about is that we have a temporary kitchen at present whilst we finish the works (tiny fitted kitchen with sink in the utility room, old slot in cooker now freestanding in kitchen not surrounded by the old units which are in the skip. Will that be a big issue for the revaluation? We could get the work finished without an extra advance on our mortgage, it would just be nice to have the extra cash so that we can get a nicer kitchen, some furniture, carpets etc...

dimbo61

You will have to wait and see what the surveyor report comes back with.
Have any and all plans/paperwork/quotes/building regs etc  ready to show the bank/surveyor