How to remortgage and release equity

Mar Borrowing against equity. This works by taking out a new mortgage that is larger than your existing mortgage. When your initial fixed rate or tracker rate comes to an en then it can often be a good idea to remortgage.

This is basically where you transfer the outstanding debt from one lender to another. Secondly, you could remortgage to release the equity in your home. This process involves borrowing more money than your existing mortgage amount from a bank or lender. Learn all about how with our quick guide.

If you want to top up your income in later life, you could borrow against the equity in your home. Thinking about releasing equity from your home? Or feel that remortgaging is the better option? Read our guide, to help you understand your options.

Jul buying a second property with equity release Telegraph Equity Release. You can still remortgage or release equity from your current home to . Are you thinking about remortgaging your property in order to buy another? If you wanted to release this equity to buy another property, you could potentially . Feb A rush to remortgage saw homeowners withdraw the highest ever amount of housing equity in December as they took advantage of rising . Find out how equity release could help. Looking for a remortgage deal?

Negative equity : what it means and what you can do about it. Read a case study and hear our views as we take a look at the topic of remortgaging to release equity. Compare How Much Interest Can be Saved by Switching. This calculator is suitable in estimating monthly payments when consolidating personal debt as part of a remortgage and releasing some equity.

Remortgaging is a useful process for homeowners in a variety of circumstances. Releasing equity from your home - as part of the deal, you could generate a . Oct If the value of your home has increased since you took out your mortgage, then you may want to consider releasing some equity via a . By remortgaging you can release some of this equity and use the money as a deposit on a buy to let property. This will be cheaper than taking out a specific buy .