Taking out a new mortgage to replace an existing one, secured on the same property. Typically borrowers remortgage to achieve a better rate of interest. The new mortgage can be with the same or a different lender.
UK Financials Ltd is not a lender and do not lend any money. We provide lenders information only service to the consumer who are looking for a loan.
Think Carefully Before Securing Other Debts Against Your Home. Your Home May Be Repossessed if You Do Not Keep Up Repayments On A Mortgage Or Other Debt Secured On It.