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aggi
Getting money for a refurb job at remortgage time, how easy is it? Do you need to supply quotes/etc upfront or do they take your word for it that the money will be going on the refurb?
Looking for 40-50k to update the internals* (including a decidedly non-40k new kitchen) of a 3-bed first floor London flat.
Should be fine on the affordability side. LTV would remain below 35%.
* Rewire - inc networking - which begets new carpets and an excuse for a complete redecoration, plus most of a new kitchen - nothing fancy. Some general carpentry to sort out storage. New shower and cubicle (easier than cleaning it I suppose).
Nothing majorly structural, just adding an extractor fan in the bathroom (forgot to spec this last time round), maybe putting in underfloor heating in the toilet as it has nothing at all at the moment, and sorting out the slope/fall of the waste pipe from the kitchen as that goes through a wall pretty much horizontal.
The rewire is the fundamental thing, but doing that means a redecoration and may as well redo the carpets if they're all going to have to come up (some desperately need replacing anyway). The rewire of the kitchen will almost certainly mean pulling the existing kitchen out, so that can be added to the list too - definitely not 40k kitchen territory.
Heating is fine, Combi boiler was replaced 3 years ago and is running well with annual services. Existing radiators are good. That's the only other thing that it would be sensible to think of whilst the floor is up. Might consider radiator boxes but that can wait as they're not urgent.
Also, whilst we have access, can add some underfloor noise dampening to keep the noise down from the flat below. (It's a converted Edwardian house so noise separation isn't great.)
Everything else (e.g. some non-double glazed sash windows in one room) can wait until there's cash in the kitty as it's not triggered by the destruction of the rewire.