What is remortgaging?

What is remortgaging?

Postby Delacre on Fri 21 Nov 2008 22:48

Hi,

Can you please explain what remortgaging is?

Thank you in advance
Delacre
 
Posts: 6
Joined: Fri 21 Nov 2008 22:10

Re: What is remortgaging?

Postby Valence on Fri 21 Nov 2008 22:48

Remortgaging is a process that replaces an existing mortgage with a loan from a new lender. Remortgaging is almost identical to refinancing, the only difference being that a remortgage always involves a new loan from a new lender. A refinance involves a new loan from the existing lender or a new lender. The concept of remortgaging is relatively new in France but can offer a variety of benefits.
Valence
 
Posts: 7
Joined: Fri 21 Nov 2008 22:11


Return to Remortgaging in France

cron