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Housing in general
Adding the price of a new kitchen to a mortgage
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16.05.2009, 11:02
telandy
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Adding the price of a new kitchen to a mortgage
I have heard that if you decide to have a new kitchen or anything else to that matter, you can get the price added to your outstanding mortgage. Is this true and has anyone any experience on this.
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16.05.2009, 11:35
Jim2007
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Re: Adding the price of a new kitchen to a mortgage
What do you mean by added to your mortgage? Do you want to borrow more money? If so I guess it depends on what your bank says.
Jim
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16.05.2009, 12:02
Sutter
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Re: Adding the price of a new kitchen to a mortgage
Yes you can my in-law`s did this a couple of year`s ago, it is like remorgaging your house.
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16.05.2009, 12:45
Blonaybear
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Re: Adding the price of a new kitchen to a mortgage
I think, as Jim2007 says, it’s up to your bank and that’s the only way to get a definite answer.
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16.05.2009, 13:07
vwild1
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Re: Adding the price of a new kitchen to a mortgage
Quote:
telandy
I have heard that if you decide to have a new kitchen or anything else to that matter, you can get the price added to your outstanding mortgage.
Maybe but probably not if the mortgage is at a fixed rate during the time you want to do it.
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