Electrical Service Upgrade w/ second panel vs larger single panel
Bought a house recently that had the fuse box replaced with a panel that appears to be rated at 60 amps. Was planning to remodel the kitchen and add heat lamps to the baths, and as a result I need to upgrade to a higher amp service. An electrician looked at things and said he would have to update the panel and a lot of wiring to the tune of $ 4500-5000.00 which is not in the budget. As a work-around for replacing the existing panel & wiring, I'm thinking I could add a 2-circuit disconnect after the meter, and use one circuit to feed the existing panel in the basement, and use the second circuit to feed a new panel that would be located in a storage area next to the kitchen. This approach would save money and allow me to address the somewhat overloaded existing panel (ie electric stove, clothes dryer, central air and lights & outlets on a 60 amp service) and shorten the new cabling lines by putting the new panel by the kitchen.
Is there any problem(s) or issues in using this approach?