Look up: Remortgage

1. 
   Remortgage
   Replacing an existing mortgage loan with another one.
   Found on http://www.clericalmedical.co.uk/Busines
   
   
2. 
   Remortgage
   This is the process by which a mortgage on a property is moved from one lender to another. The new mortgage is used to repay the existing lender and at the same time additional funds may be raised for other purposes. Remortgaging has become an increasingly popular way to take advantage of the competitive deals offered by lenders to attract new business. If a remortgage is being considered then careful attention should be paid to the costs associated with arranging the remortgage as well as the savings to be made on the monthly repayment ( the costs can sometimes erode any savings to be made ). The remortgage calculator on this site highlights costs to take into account when considering a remortgage. A check should also be made with the existing lender to ensure that there are no early redemption charges.
   Found on http://www.moneynet.co.uk/glossary/
   
   
3. 
   Remortgage
   The process of switching your mortgage loan from one lender to another without necessarily moving house.
   Found on http://www.mortgage-terms.co.uk/mortgage
   
   
4. 
   Remortgage
   The arranging of alternative finance for the purchase of a property which is already mortgaged. For... <a target=_blank href='http://www.finance-glossary.com/terms/remortgage.htm?id=1237&ginPtrCode=00000&PopupMode=false' title='Read full definition of remortgage'>more</a>
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5. 
   Remortgage
   Paying off an existing mortgage and entering into a new one, usually to obtain a lower rate of interest or a larger loan.
   Found on http://www.lawpack.co.uk/legal_glossary_
   
   
6. 
   Remortgage
   A `remortgage` (also known as refinancing) is the process of paying off one mortgage with the proceeds from a new mortgage using the same property as security. The term is mainly used commercially in the United Kingdom, though what it describes is not uniquely British. Often the purpose of `switching` is to secure a more favorable interest rate from a different lender. The process of remortgaging does not usually involve moving home or taking ou...
   Found on http://en.wikipedia.org/wiki/Remortgage