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I had to get a new roof when I moved in (cowboy builder did a budget loft conversion and didn't double up the rafters on the velux so a number of them snapped under the weight of the velux and heavy concrete tiles believe it or not) so I went for a full loft conversion at the same time. do it you won't regret it
AirTime
My roof may need redoing. It's an old Edwardian terrace so has a pretty sizeable roof plus flat roof. I know the flat roof needs recovering not sure to the extent of work that the main roof requires. At the worst end I could be looking at £20k or so.
My mortgage is up for renewal and, due mainly to increasing property prices, I'll probably be looking at an LTV of 50% or so. Theoretically I assume could roll the cost of the roof into a new mortgage.
Obviously the downside of this is that I'll be paying interest at a higher rate than interest I'll be making on the money I've saved sitting in my bank account.
Any other thoughts on whether this is a good/bad idea before I start looking at the numbers in detail.
Cheers