remortgage

Related topics: Loans

BFLto borrow money by having a second mortgage on your house, or increasing the one you have 再按揭；再抵押，转按揭

We may have to remortgage the house.

我们可能得把房子再按揭。

Examples from the Corpus

remortgage• Chase de Vere has a five-year deal specially designed for those seeking to remortgage.• This online service, dubbed Redemption Buster, aims to calculate the total amount of savings associated with remortgaging.• If you want to know exactly how much money you could save by remortgaging, an independent mortgage broker can help.• This may make any savings you anticipate by remortgaging immaterial in the long run.• In a nutshell, remortgaging means switching to another mortgage with a lower rate for a fixed amount of time.• Once you remortgage, tax relief will be limited to the first £30,000 of your loan.• Borrowers with standard variable rate mortgages could make substantial savings by remortgaging their properties, mortgage experts say.• By remortgaging your home you could raise enough cash to allow you to buy a new car or carry out home improvements.• Remortgaging your house is a big risk if you're retired.

From Longman Business Dictionary

remortgagere·mort·gage1 /ˌriːˈmɔːgɪdʒ-ɔːr-/ verb [intransitiveI, transitiveT] British EnglishBrEFINANCEPROPERTYBANKING

to borrow money by having a second or bigger MORTGAGE (=loan) on your property, especially a house

He advised me to remortgage with a lender with a lower interest rate.

Millions of homeowners have remortgaged their homes to take advantage of lower interest deals.

—remortgaging noun [uncountableU]

There are costs involved in remortgaging which you should weigh up against the savings you will make.

remortgageremortgage2 noun [countableC] British EnglishBrEFINANCEPROPERTYBANKING

a second or bigger MORTGAGE on your property, especially a houseSYN AmE home equity loan, SECOND MORTGAGE

A remortgage is one of the cheapest ways of borrowing money.

Chinese

Syllable

Corpus

BNC: 41413 COCA: 0

remortgage