We have nearly completed renovating our PPOR and soon to be IP. So should we go to the bank where we are financed and ask them to do a full valuation inspection? They only did a computer valuation when we got finance. So if they valuate it to be say for example 10k more than what they originally valuated it for then would we get 10k in equity? Would this 10k go into our offset account or how does it work? Would we have less to pay then on the mortgage etc (IO payments)?