Remortgaging: What is a Remortgage & How Does it Work?

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What is a Remortgage? Remortgaging means transitioning your existing mortgage to a new one without moving homes. This involves replacing your current financial arrangement with a different product, often to secure a better rate or access additional funds. Unlike borrowing more from your current lender, remortgaging typically aims to avoid higher rates, like the standard variable rate (SVR ...


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