What is a Remortgage?

What is a Remortgage?

A remortgage is changing your mortgage without moving your home. Remortgaging is the process of switching your mortgage to another lender that is offering a better deal than your current lender thereby saving money. A remortgage can also be used to raise additional finances by releasing equity in your property.

More detailed information….

When you remortgage you are ending your old mortgage deal and switching to a new one.

This normally involves switching your lender although you can sometimes change deals withyour current provider. If you do remortgage with your current lender it normally involves changingyour existing deal.

You can borrow from

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