Remortgaging your home means that you switch your current mortgage to another policy, whether it is with your existing provider or someone completely different.
People remortgage for a number of different reasons, such as to release equity for home improvements or to start a new business. If you are a homeowner then you may have thousands of pounds worth of equity in your property. Remortgaging can release this cash, and it is often cheaper than unsecured finance.
You should qualify for a remortgage with us as long as you are a UK resident with a regular source of income and the total debts secured against your home does not exceed 90% of its value.
For more information about a remortgage, please talk to our specialist Debt Helpline advisors on 0808 131 9113.