Remortgage - This is when you switch your mortgage from your current lender to another one. You take out a new mortgage to repay your current one. You may be able to get a better rate that saves you money.
The arranging of alternative finance for the purchase of a property which is already mortgaged. For example obtaining a mortgage with a lower interest rate to replace the existing mortgage.
Remortgage : this is when you switch your mortgage from your current lender to another one. you take out a new mortgage to repay your current one. you may be able to get a better rate that saves you money.
the arranging of alternative finance for the purchase of a property which is already mortgaged. for example obtaining a mortgage with a lower interest rate to replace the existing mortgage.
Remortgage