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  • We need to re-mortgage the place we bought in December once we're (almost) finished the renovations (purposefully chose a non-locked in mortgage, so no issues with fees), which should be in a couple of months with any luck.

    How do we actually go about getting a re-valuation that properly reflects the works that have been done?
    Use local agents to appraise and give that to the bank (or our mortgage advisor)?
    Just send before/after photos and a list of works and the bank will do the valuation based on other sold prices on the street and the like?

    edit: should probs just ask our mortgage advisor... but feels nicer to post here

  • What scale was the work? I was under the impression that most lenders just used a £/sqft valuation based on the area?

  • Quite big? Structural alterations, new kitchen, new bathroom, total re-plumb and new boiler, complete decorative make-over, a cacophony of remedial actions following a survey that had zero 'good to go' points and more 'fix immediately' than 'fix soon' points.

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