What Does Remortgaging Mean?

Homeowners who’re in need of some extra cash can do so by taking out a second mortgage on their property, a process that’s often called a “remortgage”. But what does remortgaging mean for homeowners?
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How to Remortgage Your Home

If you want to know how to remortgage your home, it is important to take note of the underlying reasons why you would want to make this move. First things first, it’s important to understand exactly what remortgaging is and the various avenues and processes involved.
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What Does APR Mean

APR stands for Annual Percentage Rate. A lender is always required to quote the APR when advertising a loan or borrowing rate. It is a standard interest rate calculation designed to reflect the total amount of interest that will be paid over the entire period of the loan.
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Five Reasons To Remortgage

There are a number of reasons that people look to remortgage, and these reasons will naturally then affect which remortgage deals are appealing.
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Loan To Value Explained

When you get a mortgage or remortgage, your lender will often carry out a remortgage valuation on the home that the mortgage is paying for. The amount of funds that you’re actually borrowing from the lender will be a percentage of the property’s current market value.
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New Mortgage FAQ’s Website

If you have a specific mortgage question that we have not answered then why not try the new mortgage faq’s website which has a huge amount of already asked mortgage questions answered.

 

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What Does Remortgaging Mean? ►► How To Remortgage Your Home ►► What Does APR Mean ►► Five Reasons to Remortgage ►► Loan To Value Explained ►►

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Think carefully before securing debts against your home. If you do not keep up repayments your home may be repossessed.

 

Your initial consultation is obligation free but if you choose to go ahead with a remortgage product a fee may become chargeable by your FSA mortgage or loan advisor.

 

Mortgage and loan details are for information purposes only and do not constitute financial advice under the Financial Services and Markets act 2000.

 

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The content of this site is meant to be informational and not be considered financial advice. Remortgage World aims to provide up to date and accurate information at all times. All information contained on this site is accurate at the time of publishing and while Remortgage World regularly checks and updates information Remortgage World and its associated companies cannot be held responsible as a result of any inaccurate or out of date information published on this site.

 

Introductory and exclusive rates are available to everyone and will depend on your individual circumstances and the loan to value ration of your mortgage.

 

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