Posted Date: 5/11/2025
Many homeowners choose to remortgage after making home improvements. Whether you’ve renovated a kitchen, extended your property, or updated the exterior, these upgrades can affect the value of your home and, in some cases, your mortgage options.
Why It Matters
When your property increases in value, your loan-to-value ratio (LTV) may improve. This could open the door to a wider range of mortgage products or better terms when you remortgage. However, every lender assesses applications differently, and not all home improvements will change your borrowing position right away.
Moving Forward
Before remortgaging, it’s important to check your property’s current value and any changes in your financial situation. This helps ensure you’re well-prepared when reviewing potential new deals.
At Muuvin Mortgages & Protection, we offer no-obligation calls to help you understand whether remortgaging after improvements may be suitable for your circumstances. You can also view more information about remortgaging on our dedicated page: Remortgaging.
Do home improvements always increase property value?
Not always, it depends on the type and quality of the work, as well as the local market.
Can I release equity after home improvements?
In some cases, yes. A higher property value can increase available equity, subject to lender criteria.
How soon after renovating can I remortgage?
It depends on the lender, but most prefer to see a stable valuation before approving a new deal.
Disclaimer
Your home may be repossessed if you do not keep up repayments on your mortgage.
This article is for general information only and should not be taken as advice. Mortgage applications are subject to status and lender criteria. The information provided is correct as of the date it was posted and may be subject to change without notice.
