The process of remortgaging is transferring your outstanding mortgage debt from your existing loan to a new loan without moving home. You may not necessarily need to change your mortgage lender. You may decide to remortgage to release a cash sum or to find a better mortgage deal with a lower interest rate. A re mortgage is definied in wikipedia as 'the process of paying off one mortgage with the proceeds from a new mortgage using the same property as security'.
The mortgage market has never been so competitive. Never before has there been such a bewildering range of mortgage products available to you. As we neither represent a particular Bank or Building Society we can use a wide range of lenders products, finding the one that is specifically right for your needs. Contact your local Devon Mortgage Broker at Eclipse Financial Solutions for mortgage advise in Devon.