{"id":51094,"date":"2017-04-06T13:00:33","date_gmt":"2017-04-06T06:00:33","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/can-we-take-out-a-bigger-mortgage-to-cover-the-cost-of-renovation\/"},"modified":"2017-04-06T13:08:57","modified_gmt":"2017-04-06T06:08:57","slug":"can-we-take-out-a-bigger-mortgage-to-cover-the-cost-of-renovation","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/can-we-take-out-a-bigger-mortgage-to-cover-the-cost-of-renovation\/","title":{"rendered":"Can we take out a bigger mortgage to cover the cost of renovation?"},"content":{"rendered":"


\nWe\u2019ve found a house that costs less than the maximum \u00a3650,000 we can afford, but it will need some work doing Q We\u2019ve found a property that is under our current budget of what we can afford monthly (and how much the banks will lend us, which is \u00a3650,000). The problem though is that the property needs renovating and could do with an extension.So as the property we have found is on sale for \u00a3550,000, and would probably need another \u00a3100,000 spending on it to do the extension and other renovation work, could we get a mortgage of \u00a3650,000 to cover the renovation or is that not possible? If not what would the best route be? RR Continue reading…
\n
\nSource : theguardian.com
\nRead more…Can we take out a bigger mortgage to cover the cost of renovation?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

We\u2019ve found a house that costs less than the maximum \u00a3650,000 we can afford, but...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-51094","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-di6","jetpack-related-posts":[{"id":138464,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/is-equity-release-the-best-way-to-buy-a-house-in-sweden-a-year-before-we-sell-in-the-uk\/","url_meta":{"origin":51094,"position":0},"title":"Is equity release the best way to buy a house in Sweden a year before we sell in the UK?","date":"July 24, 2023","format":false,"excerpt":"\r We are thinking of \u00a3150,000, some for decorating, as my husband wants to be nearer his family when he retiresQ My husband and I are going to move to Sweden when he retires as he wants to be nearer to his family. 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We are\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":139324,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/first-time-buyers-in-uk-drop-by-a-fifth-as-higher-mortgage-costs-bite\/","url_meta":{"origin":51094,"position":1},"title":"First-time buyers in UK drop by a fifth as higher mortgage costs bite","date":"September 27, 2023","format":false,"excerpt":"\r Lender says homes needing renovation are most in demand as people seek cheaper propertiesThe number of first-time buyers in the UK has fallen by more than a fifth, while homes in need of renovation are most in demand as buyers look for cheaper properties, in the latest evidence that\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3433,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/renovation-revolution-dont-buy-a-bigger-house-knock-through\/","url_meta":{"origin":51094,"position":2},"title":"Renovation Revolution: don't buy a bigger house, knock through","date":"February 2, 2016","format":false,"excerpt":"\r The Telegraph's Head of Property Anna White explains why knock throughs are a great way of maximising space and can help you sell your house\r \r Source : telegraph.co.uk\r Read more...Renovation Revolution: don't buy a bigger house, knock through","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123233,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hdb-upgraders-on-a-condo-buying-spree\/","url_meta":{"origin":51094,"position":3},"title":"HDB upgraders on a condo buying spree","date":"November 15, 2021","format":false,"excerpt":"\r HDB upgraders on a condo buying spreeIn the first nine months\u00a0of 2021, 7,169 buyers with HDB addresses\u00a0purchased new and resale private homes, a 21% increase from the same period last year. 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