What is a remortgage?

31st August 2021

“A re-mortgage is when you take out a mortgage from a new lender to repay your existing lender and the balance. The reason re-mortgages are popular is you can normally get a lower interest rate and better all-round deal, by going to a new lender rather than staying with your existing provider.” Gavin Torpey, Charters Financial Services Mortgage and Protection Adviser, is an expert in this area.

In fact, if you are looking to re-mortgage please don’t hesitate to contact any member of the Mortgage Hub team on 03454 500200.

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We've just arranged a remortgage through Charters. Gavin Torpey explained the whole process clearly, and found us a good deal. Excellent service, highly recommended!

Craig B

November 2020

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