A Remortgage is a change of mortgage from one lender (or product) to another lender (or product), with the aim of securing a more competitive or appropriate deal, raising extra money, paying off part of your mortgage or maybe to consolidate existing debts. Many mortgage lenders offer highly attractive incentives to pull customers away from other competing lenders. For example, attractive interest rates, free valuations or free legal fees. With regular independent mortgage advice you may be able to save thousands of pounds over the life of your mortgage.
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