Bought an old property last year that needs renovating/extending. Got mortgage through Halifax who told me borrowing extra to do up the place wouldn't be an issue. Moved in and applied for more cash, they said no you have to have had mortgage 6 months, even though I'd had it for years they classed it as new cause it moved to the new property. So here we are 6 months later and tried again. Currently little equity in house, they sent a surveyor out to look at the plans my architect has done. Planning all passed etc and ready to go. They reckon I'll increase the house value by £80,000 and I budget £50k for the work. So I'll be within 80% LTV. They've said OK to borrowing the money but with one huge catch, I do the work before they'll pay out. Bit gutted if I had 50K I wouldn't be asking them, plus they never told me this would be the case. Even when I met with them a few weeks ago they said they give me the cash upfront. I was a bit surprised as I thought they'd split it to coincide with stages of the project. If I'd known this from the start i wouldn't have bought the house. Any ideas what to do next?