What is a remortgage? - April 6, 2016

A remortgage can mean a couple of things, generally a remortgage is where you are coming to the end of a fixed rate or discount period and would like to ‘remortgage’ in order to source a better deal elsewhere OR it can also mean where you are looking to ‘remortgage’ and raise capital for example to debt consolidate, home improvements or purchase another property. This would be subject to the current mortgage balance.