A Remortgage or Remortgaging
1: Remortgages are available throughout the UK from many different financial institutions.
2: Remortgaging is also known as Refinancing.
3: By remortgaging a person can save a great amount in mortgage repayments.
4: When remortgaging people can pay off one mortgage with a new one, often when switching lenders for a better rate.
5: A remortgage can help to consolidate personal debt.
6: There are few restrictions on what and how you can spend the funds from a remortgage.
7: Remortgage can offer one new single repayment if used to consolidate other outstanding credit agreements.