Remortgage in simple terms means the subsequent mortgage of an asset to get a further loan, or when the asset changes hands as a collateral to get a further loan it can be termed as remortgage. This mainly takes place when a borrower is dissatisfied with the mortgager or has difficulty in making the payments. Remortgage is done to meet cash needs, to reduce costs of interest, to decrease the amount of monthly installments, to reduce the period of the loans , to meet expenses …
Problem Remortgage
Tagged With: approval, banks, buy, home, house, important, interest, lending, loan, money, mortage, rates, Wizard