Releasing cash on remortgage for home improvement question


New Member
We are coming to the end of our mortgage in September and are in a position, given the increase in the value of our property, we have approximately £100k in equity. ready-made curtains

We want to release some of this to build either a 1 or 2 story extension when we remortgage. However, if we did this, which would add value to our property, our mortgage would still be based on the valuation pre-improvements.

How does it work with regards to the valuation of the house after these improvements? Can you get a valuation on what the property would be worth after the improvements for our remortgage or would we just have to stick with the pre-improvements valuation until we come to remortgage again?
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