Re mortgage?

[Pollyputthekettleon45]

Ok. Basically, ive inherited a house. No mortage remaining. All paid off.

There needs to be some work done. New windows, kitchen, bathroom etc. All big jobs.

Where and who do i go to? What kind of loan would I need? Ive read up on it and I think i'd need to re mortgage? Im new to all this. Had a rough couple of years losing family members (hence why I have the house) Everything has happened all at once and i don't really know what im doing.

Could anyone help? Many Thanks.

You just need a normal mortgage. A remortgage is when you already have a mortgage and you change lender.

Use a broker to find a lender. Have a look at money supermarket to get an idea of how much you can borrow and how much it'll cost.

Thank you for replying!
Google is just adding to the confusion. Will have a look at money supermarket.

The house is currently going through probate (which is another headache) but have been told it will be straight forward as its only me. No one else. No savings. Just the house. Just want to know what I will have to do once its gone through, some sort of plan.

The house is worth £90k roughly. I know nothing about mortgages as we rent.

No mortage remaining. All paid off.
How can you remortgage if there's no mortgage?
I think you need to get a home improvement loan.

You can mortgage the new property need to speak to a mortgage adviser they will be able to help. You can pm me with any questions if you like - it is my day job

surely a home improvement loan may be better asits overva shorter term and likely to have a better interest rate than a mortgage ? i would speak to a financial adviser, they'll point u in the right direction.

Don't know what your financial situation is, but you could also do it bit by bit if it's liveable at he moment. With no rent to pay, you'd be able to put a decent amount of money towards the refurb costs. You'd avoid paying interest for years that way.

Lenders tend to have a minimum loan for a mortgage, typically £20K or £25K, so if you're borrowing less than this (as you surely should on a £90K house), it'll probably have to be a personal loan.