Question about borrowing to complete building work. We extended our mortgage to finance an extension and loft conversion. We're in the middle of that initial 2 year fixed term. We always knew we didn't have enough to cover the whole job but now we've reached the point of having to come up with the rest of the money. We have no problem with credit/earnings, etc. Last time we borrowed the max we could which took us to 80% LTV. We could have borrowed more on basis of earnings and credit rating (and we've both been promoted since then so substantial earnings increase. That's not our problem). We need to come up with the additional to complete the job. I'm wondering how the valuation would work if we're currently on a building site?! The loft conversion is near enough complete so we've gone from a 3 bed, 1 bath, to 4 bed 2 bath house. But we currently have no kitchen and just one lounge (rather than huge open plan living that we'll have at the end). We're 2 months away from it all being completed (if we can't get the money we'll be maxing out credit cards and getting a personal loan to complete it). Once it's complete it will increase the value to well within a comfortable LTV, but right now, how would it be viewed by the valuer if we've gained a bedroom and bathroom, but don't have a kitchen and we're in a building site? We've paid a deposit on the kitchen which will be fitted early January. Will we be able to get a second mortgage in this state? Worried!