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We will get charged £2k for borrowing more. we need to borrow more than because the house needs complete refurbishment. after we sell we will make £15-25k on the current market, we have researched the ceiling price for house in the area we have bought.please only answer if your from the uk, and a mortgage broker, finacial adviser or know what your talking about.please only answer if your from the uk, and a mortgage broker, finacial adviser or know what your talking about.

It may be better to borrow more on the mortgage if this is an option that is available to you, it all depends on the interest rate of the mortgage and the interest rate that you could get with a secured loan company, i am assuming that you have already got this information, advice from an independant mortgage broker should be free as they only charge for arranging the omrtgage so go through the yellow pages and give a couple a ring, you could also look into renting the property out instead of selling it once all the refurbishments have been completed.