Hey there,
I want to get a few changes made to our house. We orignally wnated a small extension but with the high costs on materials, I've been advised to hold off. If anyone thinks prices aren't really ever going to come back down a bit -- pleas advise.
Anyway, theere are some other bits we would like to get done like getting windows replaced and getting the roof re-done. I know and appreciate that banks don't give money for trivial stuff like the old days.
Does anyone know if getting a roof re-donee and windows replaced is acceeptable by the banks as an eligible cost for a mortgage top up? I spoke to my bank (took ages to get through) and all they could tell me whas that a bank looks for estimages from an engineer before approving the top-up. That seems sensible for a full extension, but effectivly that would mean that top-up can't be used for windows and roof since it would give me a big extrra cost to pay for an engineer just for windows and roof work.
We have a good LTV at the moment (35%)
Thanks
I want to get a few changes made to our house. We orignally wnated a small extension but with the high costs on materials, I've been advised to hold off. If anyone thinks prices aren't really ever going to come back down a bit -- pleas advise.
Anyway, theere are some other bits we would like to get done like getting windows replaced and getting the roof re-done. I know and appreciate that banks don't give money for trivial stuff like the old days.
Does anyone know if getting a roof re-donee and windows replaced is acceeptable by the banks as an eligible cost for a mortgage top up? I spoke to my bank (took ages to get through) and all they could tell me whas that a bank looks for estimages from an engineer before approving the top-up. That seems sensible for a full extension, but effectivly that would mean that top-up can't be used for windows and roof since it would give me a big extrra cost to pay for an engineer just for windows and roof work.
We have a good LTV at the moment (35%)
Thanks