Cheers all. The thoughts are similar to mine. I can probably just afford to do it with savings but that would wipe most of them out so I may end up going with combination of mortgage/savings.
I assume that if you're increasing the mortgage to fund a loft conversion they're only going to base it on current property value, not property value post-loft conversion which could give a crap deal for a couple of years.
Yes, I'm on the ladder too. I'm a share of freehold but each flat has a lease in place with the freehold.
Cheers all. The thoughts are similar to mine. I can probably just afford to do it with savings but that would wipe most of them out so I may end up going with combination of mortgage/savings.
I assume that if you're increasing the mortgage to fund a loft conversion they're only going to base it on current property value, not property value post-loft conversion which could give a crap deal for a couple of years.
Yes, I'm on the ladder too. I'm a share of freehold but each flat has a lease in place with the freehold.