PROPERTY → IMPROVEMENT → CASH RELEASED → NEXT HOME

Cost the deal. Test the next step.

Load a checked house, change the price and cost assumptions, then compare selling with refinancing. Project margin, equity and cash available are separate results.

Checked property

Edits change this scenario only. They do not change the source record, listing status or JEV evidence rating. No accepted valuation or economics gate is created by typing numbers.

01 · Buy and improve

Purchase price (£)

Dated asking price is a starting point. Enter negotiated price separately.Conservative finished value (£)

Your scenario assumption. Use matched improved-house completed sales; asking price is not a valuation.Purchase tax, legal, survey and fees (£)

Enter the full quoted total. Tax is not calculated automatically and may change with price or circumstances.Works including VAT and professional fees (£)

Include VAT, permissions, architect and professional costs once. Do not include contingency here.Works contingency (£)

Separate cash allowance for overruns, not a contractor quote.Finance interest and arrangement costs (£)

Total interest and charges over the project. Exclude principal redemption and refinance fees below.Holding costs and temporary housing (£)

Council tax, utilities, insurance, upkeep and any temporary rent over the project.Initial borrowing advanced (£)

Net borrowing available for purchase and works. Used only to show cash tied up before exit.

02 · Sell or refinance

Sale agent, legal and exit fees (£)

Agent, sale legal and any exit charges. Exclude debt principal and tax.Tax on sale (£)

Quoted or scenario tax liability. Enter 0 only if you have considered the applicable treatment.Required project margin (£)

Desired surplus after all sale costs. Used to calculate a scenario offer ceiling.Debt redemption at exit (£)

Lender redemption balance at the intended exit, including any early repayment charge not counted elsewhere.Proposed refinance borrowing (£)

Enter proposed total new debt, not the cash advance. This is not an approved lending offer.Refinance fees paid from proceeds (£)

Cash deductions from the refinance. Do not also include these in finance costs.

03 · Fund the next home

Cash reserve to retain (£)

Cash held back after exit, before funding the next home.Next-home cash deposit (£)

Cash deposit for the next purchase, not the whole next-home price.Next-home purchase costs (£)

Next-home tax, legal, survey and fees, in addition to the deposit.

Adjust assumptions ↑

Scenario results

Displayed to the nearest pound. CSV retains pennies.

These calculations illustrate your inputs. They do not establish profitability, lender approval, current availability or a purchase recommendation.

17 unknown inputs. Each result stays HOLD until its required inputs are entered.

Sale versus refinance: costs, cash and the next home
Result	Current scenario
Total project cost before exit	HOLD · missing inputs
Cash tied up before exit	HOLD · missing inputs
Sale project margin	HOLD · missing inputs
Scenario offer ceiling	HOLD · missing inputs
Sale cash released	HOLD · missing inputs
Refinance cash released	HOLD · missing inputs
Equity retained after refinance	HOLD · missing inputs
Next-home cash plus reserve	HOLD · missing inputs
Sale route: next-home surplus / shortfall	HOLD · missing inputs
Refinance route: next-home surplus / shortfall	HOLD · missing inputs

Download inputs + results CSV

Missing inputs (17)

Purchase price
Conservative finished value
Purchase tax, legal, survey and fees
Works including VAT and professional fees
Works contingency
Finance interest and arrangement costs
Holding costs and temporary housing
Initial borrowing advanced
Sale agent, legal and exit fees
Tax on sale
Required project margin
Debt redemption at exit
Proposed refinance borrowing
Refinance fees paid from proceeds
Cash reserve to retain
Next-home cash deposit
Next-home purchase costs

How the results connect

Project cost = price + purchase costs + works + contingency + finance costs + holding. Cash tied up = project cost − initial borrowing. Cash tied up shows funding needed before exit; timing and drawdown schedules are not modelled.

Sale margin = finished value − project cost − sale fees − sale tax. Offer ceiling = finished value − costs other than price − sale fees − sale tax − target margin. A negative ceiling means these assumptions cannot support a non-negative offer. Recheck taxes, fees and loan terms when price changes.

Sale cash released = value − redemption − sale fees − tax. Refinance cash released = new borrowing − redemption − refinance fees. Retained equity = value − new debt; it is not spendable cash. Negative cash release means more cash is required to complete that exit.

Next-home surplus / shortfall = cash released − reserve − next deposit − next purchase costs. Negative means a funding shortfall; positive means scenario cash remaining. No future savings or other household assets assumed.

No automatic tax relief, finance quote, price growth or rental income. Refinance does not sell the house; ongoing debt, upkeep, rent and future tax remain outside this exit snapshot. Obtain lender, tax and legal advice before acting.

Inputs stay in this page’s memory. No API submission, account, tracking of entered figures or automatic saving. Reloading clears edits. Download before leaving; the CSV contains whatever assumptions you entered.

Return to evidence and ladder criteria →