A remortgage is when a homeowner changes his mortgage from one mortgage lender to another for a variety of reasons.

Someotimes it is simply to obtain a better rate of interest to simply save money on a monthly basis.

At other times the homeowner wants to raise money for a variety of reasons, and these purposes are many fold.

A remortgage is for example an excellent way of arranging debt consolidation. This is when an individual has a number of debts in credit cards, personal loans, hire purchase, etc.and wishes to combine these debts into one much lower monthly repayment.

With remortgage rates starting at present at le ... Read more »