Have mortgage of 40,000k with BOI. Want to do 50,000k of work on house but understand BOI will only give funds upon completion of the work - and I can't pay upfront! Hoping to switch to Aib and seek an additional 50k upfront to do the renovations - apparently they will allow me draw down the 50k to fund the work in advance. House is worth 320,000k and my income will cover repayments. I would obviously prefer to get the 50k on a mortgage rate rather than personal loan. Has anyone else done this and if so how complex was it?