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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