More Money Needed

[mrslil]

I remortgaged to do updating on my property,  and pay off debts but under budgeted by approx �14,000. I only got the money in February, but instead of getting a bank loan I want to raise more money with another remortgage. The house was valued at �90,000 and we remortgaged for �52,000 but want to bring it up to �65,000. Any advice on our best options will be appreciated.

[Eeeek]

Well either you ask your current lender for a top up explaining that you simply under-budgeted or you do an entire remortgage for the full �65k with another company. They would probably query why you were changing lenders again so soon but since you have a valid reason that should be fine. You are still only looking for 72% of your property value and assuming that your income is sufficient and your credit file is clear I cant see the problem.