My house is currently worth £85,000. I am aware it would be worth substantialy more if certain work was done. As the house was in poor condition when I bought it & needed more doing to it than originally anticipated I ended up securing a loan on the property as well as taking out a personal loan to do up the house which I manage perfectly well to pay each month. Even so, there is still alot that needs be done & I have run out of funds. I am considering remortgaging to complete the work but if I was to do this I would think it sensible to clear my outstanding debts at the same time & at my houses current value it wouldnt be possible to do both.
Is it possible for me to get a valuation of my property based on what it would be worth if I do the work needed & remortgage based on that valuation so that I could then afford to do it?
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