remortgage in English
verb
1
take out another or a different kind of mortgage on (a property).
One reader in her mid-30s was remortgaging her property last year with AIB.
noun
1
a different or additional mortgage.
Historical references show people have borrowed significant amounts of money for thousands of years without credit cards, remortgages or other modern inventions.
Use "remortgage" in a sentence
Below are sample sentences containing the word "remortgage" from the English Dictionary. We can refer to these sentence patterns for sentences in case of finding sample sentences with the word "remortgage", or refer to the context using the word "remortgage" in the English Dictionary.
1. Robin decided to remortgage his house to pay off his debts.
2. If you choose to remortgage with your lender, you will not have to pay legal or valuation fees.
3. Conveyancing is the process of preparing legal documents for a property sale, remortgage or lease extension, and transferring legal ownership if the property is being sold. If you're buying or selling a home, you'll need a conveyancer or property solicitor to deal with the Land Registry, draw up contracts and transfer the cash.