What is the meaning of Remortgage?

When you move your mortgage to another lender. You might be able to get a better deal, but watch out for redemption penalties. Also, it's always worth checking to see whether your current lender can give you a better deal before going to the extra trouble and expense of moving to another.

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APABarry Goldsmith. (2010). remortgage. Retrieved September 21, 2026, from http://smartdefine.org/remortgage/definitions/1162189
ChicagoBarry Goldsmith. 2010. "remortgage" http://smartdefine.org/remortgage/definitions/1162189 (accessed September 21, 2026).
HarvardBarry Goldsmith 2010, remortgage, Smart Define, viewed 21 September, 2026, <http://smartdefine.org/remortgage/definitions/1162189>.
MLABarry Goldsmith. "remortgage" 21 October 2010. Web. 21 September 2026. <http://smartdefine.org/remortgage/definitions/1162189>