worried mortgage wont be enough

[sacundai]

The amount i can borrow is unlikely to be enough to completely finish my planned house and im worried that i wont get it signed off at the end for my final payment.would a lender be willing to agree to me not developing the upstairs part of the house initially and letting me complete that myself over time?having said that i would obviously invest the whole amount lent to me up there as far as it would allow.

 

[hippy1975]

What e actly do you mean by not 'develop' the upstairs, if possible I would try to have it plastered at least and just leave bathroom suites, painting etc. until another time. Bank would not even know about that, wouldn't bother them, your cert for completion is to confirm that the structural aspects are sound and are in accordance with the pp