Understanding remortgages: a simple guide
What remortgaging is, why people do it and how the process works.
Remortgaging means replacing your current mortgage with a new one, either with your existing lender or a different one, without moving home.
Why people remortgage
- Their current deal is ending
- They want to borrow more, for example for home improvements
- They want to change the length of their mortgage
How it works
We start with a conversation about your goals, compare the options available, then handle the application and liaise with the lender and solicitors through to completion.
Your property may be repossessed if you do not keep up repayments on your mortgage.
