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Remortgage Frequently Asked Questions
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If the value of your home has gone up significantly since you bought it, then it is possible that you could have equity in your house. This means you could swap mortgages if you find a better deal and borrow an additional amount at your same time. You must remember there will be a limit on how much your mortgage lender will lend to you based on your income and also a maximum loan-to-value (LTV).If you manage to get a lower interest rate and are not borrowing much more, you may find that your savings in interest cancel out your cost of your extra borrowing. If not, it's important to make sure on affordability to borrow your required extra cash amount. Don't forget that, if you have got an interest-only mortgage, you now need to increase your payments to your investment to cover the extra borrowed amounts.
Remortgage Frequently Asked Questions
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No information on this website is intended to constitute advice. This site contains a summary of the information relating to the products. If you are interested in any of the information on the site, you should seek information from us. We cannot guarantee that information will be accurate, complete and current at all times. All information on our Website is subject to change without notice.





