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remortgage
/ riːˈmɔːɡɪdʒ /
verb
- to take out a new or different mortgage on a property
Example Sentences
Homeowners are struggling to sell or remortgage as some major lenders are rejecting properties with spray foam insulation, the BBC has found.
She then decided to remortgage her home to start Naturally Tiwa Skincare.
Her ex stopped making repayments, blocked attempts to sell or remortgage the property and withheld child maintenance.
Despite Lauren being awarded the house in the divorce, her abuser remains on their joint mortgage, and she told the BBC her ex had blocked attempts to sell and remortgage the property and racked up huge debts in their name.
Some are still struggling to see incomes match inflation, or are facing a jump in debt repayments as they remortgage.
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