Should I increase mortgage for home improvements?

[StStephensTower]

So stuck with what to do! I have two bathrooms that need replacing (sounds grand, it isn’t)! It’s a small en-suite and a shower room, both pretty horrible and ideally I want to rip both out and replace, cost is around £8k for both. But, I am hoping to sell up in around 12 months and would need to increase the mortgage to cover it. The monthly cost is ok in the short term, I am not sure I want to increase my mortgage, have the hassle and then move! But, I hate them and would love something I am not embarrassed of and enjoy for a few good months.
House has increased in value so ltv is about 55%
Any advice?
Thank you

What would 2 nice new bathrooms add to the value of your house? If it's more than £8k, is the difference between the increase and £8k worth the hassle and upheaval (bearing in mind it should have an additional value of making your property sell more quickly in 12m)?

Houses are selling quickly here at the moment so I think it would sell anyway, but I know that it would be a reason for someone to knock the price down. I am not sure I would get the full £8k back based on the market - maybe £5k.
I think it’s more increasing the mortgage - even though I can afford it, I was quite enjoying seeing it getting chipped away at each month!

If it will only increase the value of your property by £5k then no. Do you really wat to pay £3k for a year of nicer bathrooms? Plus the cost of remortgage and the extra interest on £8K.

Or you could just do them for a lot less. Rip out what you have yourself. Get someone to fit the equipment and then tile and decorate. Don't go over £4k and then it wont cost you anything.

Most people would prefer tobuy a house for less and then get to choose their own bathrooms. We bought a house we loved but I did not like the kitchen at all but we could see it was an expensive kitchen and when told the price and shown receipt my heart sank, because.i knew we could not justify getting rid of it and replacing to one of my own taste. I had to wait 8 years before getting a new one and really there was nothing wrong with old one but I just hated its outdated style.

Thank you, food for thought. I wouldn’t know where to start with trying to do it myself & part of the problem is the people before me tried to do loads of DIY and it’s shocking in some places. Don’t want to add to that.

I am tempted to just replace the flooring, paint and put up new blinds etc - freshen them up with minimal investment

That is a more sensible idea in the circumstances. I definitely wouldn't be doing it if I couldn't guarantee getting the money back upon sale as a minimum.

If you're only staying another 12 months then I wouldn't bother with the bathrooms. Freshen them up with a lick of paint, perhaps, but I certainly wouldn't replace the suites, and I definitely wouldn't take out a loan to do it.