My cheap mortgage deal runs out in a couple of years and I have a choice of saving to do home improvements (new kitchen, flooring and redo the garden) or save to pay off more of the mortgage. If I go with the renovations I'll have about 50% LTV and if I pay off more of the mortgage my next deal could be 40% LTV. Is there much of a difference in the mortgage deals I could get with 40% LTV? Is it worth doing? Appreciate the improvements might add to the house value but might not as I'm not increasing square footage of the house.