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Financial
Services
> Mortgages
> Remortgages
> Remortgage
When you remortgage, you are switching your mortgage to
another deal, and frequently; another lender.
Remortgages can be used for various reasons, most people
simply switch mortgage because it will work out cheaper for them. For
example, the introductory discounted interest rate may have finished with
your current lender; therefore you could get a discount, or a lower APR,
with another lender. Other individuals may use a re-mortgage to consolidate
their debts, if they take out their remortgage for a larger amount than
owed on the existing mortgage.
| If you are looking to replace your
existing mortgage for one with lower repayments please fill out our
quick enquiry form. |
It is possible to remortgage up to 95% of your property. If you have
already paid off a large proportion of your mortgage, it may be better
for you to consider an Equity release plan rather than a re-mortgage.
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