Is it possible to remortgage on the the value the house will be worth after work is carried out?

Answers:2   |   LastUpdateAt:2012-10-12 22:57:03  

Question
zuleika
Asked at 2012-09-16 14:54:06
My home is currently worth
Answer1dpAnswered at 2012-10-07 01:26:16
would be possible to obtain a valuation.but if you want my advice , do not go down that road I had a remortgage my house and you have to think about is most morgages are over 25 years for your payments will go to a lot and you have this for the next 25 years
Answer2TanyaAnswered at 2012-10-12 22:56:06
I have no experience in this area , but I doubt it . A mortgage guarantee should be just that , he said. The bank sees the house as collateral , and it is certainly going to carry out the development as saying. Like if you were getting a mortgage on a piece of land , it would not be able to get a mortgage of £ 1 million if you plan on building a house 1 million pounds . MedlinePlus MedlinePlus Banks do not like gambling - especially with mortgages MedlinePlus . MedlinePlus There may be some movement , but you will have to sell their ideas to the bank , like a field of business loan.
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