Can I Remortgage For Home Improvements?

Yes you can - and following the pandemic many of us have either fallen back in love with our homes, or due to the soaring house prices in the UK - many are looking to stay put and improve or extend their current homes.

Getting a new mortgage for home improvements is in reality, less daunting than you may think. Even if you are tied to your existing lender for a few more years, the process is actually straightforward.

One thing to be mindful of is that lenders will only use the value of your property now, and not post-improvements. Some may consider a personal loan for such works, however with mortgage interest rates less than half of that of most personal loans, a mortgage may be a more suited approach.