I want an extension that will cost me about ?40k. My mortgage lender won't lend me enough money as I don't have enough equity in my property. I have about 10k in savings and will raise the rest via 0% credit cards and maybe a "family" loan. The extention should add ?30k-?40k to the value of my house. I then plan you get the house re valued and then release equity to pay off some of the cards/loan. Is there any problem with my plan and/or has anyone done this themselves?
Cheers.
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