Definitions
from Wiktionary, Creative Commons Attribution/Share-Alike License.
- verb To
mortgage again. - noun A subsequent or additional mortgage.
Etymologies
Sorry, no etymologies found.
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Examples
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For those with less equity than this the rates are still very favourable whether a secured loan or a remortgage is the home loan of choice.
EzineArticles 2010
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Date: April 8, 2007 12: 20 AM central mechanism appetite home equity loans science such as remortgage quotes explain them online gambling Take lexapro and decrease var r = document. referrer; document. write ( '')
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We are looking at investment properties within a £80,000 to £130,000 range and would prefer not to remortgage our home to raise capital as our current rate tracks the base rate plus 0.75%.
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Resolve to start thinking about the fact that a remortgage could potentially = boarding school for the kids.
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Can I "remortgage" the flat to buy a second home worth £150,000, and how much cash could this potentially give me with a salary of £30,000 a year?
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Others include adding an interest rate stress test, new rules on how borrowers who want to remortgage to consolidate debts are treated, and changing how advice is given by mortgage brokers.
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However, it said it would allow lenders to make special arrangements for existing borrowers who did not meet the new criteria, so that they would not become "mortgage prisoners" unable to move house or remortgage.
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The number of remortgage approvals increased to 26,109 in January from 24,946 in December.
U.K. Mortgage Lending Picks Up Ainsley Thomson 2011
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Nationwide building society, which uses them for low-risk borrowers, says it could mean borrowers waiting longer for loans at busy periods - say, for example, interest rates rise and people rush to remortgage, but suggests lenders may be able to come up with new efficient ways to verify incomes.
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