In article , Grunff
wrote:
You just don't get it, do you? When someone spends £10k doing up
their kitchen in their £120k house, where do you think that money
ultimately comes from?? That's right - mortgages!

The potential problem would appear to be that they increased the
mortgage by £25K, spent the rest on a new car, and the £10K kitchen
may or may not make a difference to the value of the house when
they sell.

--
Tony Bryer SDA UK 'Software to build on' http://www.sda.co.uk
Free SEDBUK boiler database browser
http://www.sda.co.uk/qsedbuk.htm