Prepare the file

Renovation and refurbishment

The fork is simple: can someone live there now, on a standard mortgage, or do the works have to happen first? Kitchens, structure and habitability are different scales.

Is there a working kitchen and bathroom?If not, use the uninhabitable page as well.
The schedule of works and who priced itA builder's quote, not a mood board.
Planning or building regulations, if the works need themRemoving a wall and adding a storey are not the same consent.
How you will pay for the worksSavings, a further advance, or a bridge. Name the source.
The value you hope for is not evidenceA future valuation is the valuer's job after the works, or their opinion before. We do not give one.

What this page will not do

Retention of part of a mortgage until works are done is a lender mechanism. We do not set the retention.
Listed buildings need the listed page if consent is involved.
It will not name a lender, a product, or an approval chance.

Questions

Is a refurbishment a bridging loan?: Sometimes, when the property cannot be mortgaged as it stands. Not when it is a normal house and you are updating a bathroom.
Will you say what it will be worth?: No.

MortgageConnector provides free mortgage research and calculators. If you want personalised advice, we can introduce you to an FCA-authorised mortgage broker. We do not provide regulated mortgage advice ourselves.

The matching service is free for you. Partner brokers pay MortgageConnector for introductions. If you ask for an introduction, the details you submit are shared with the selected partner. The broker is responsible for regulated advice. Check the firm on the FCA Register.

Your home may be repossessed if you do not keep up repayments on your mortgage.

Want a broker to look at your own numbers?

An FCA-authorised broker can look at your income, credit and the property. MortgageConnector will introduce you. We do not recommend a mortgage.

Speak to a broker experienced with renovation