C D E F G H I J K L M N O P Q R S T U V W
When you take out a remortgage, (move your mortgage from one
lender to another but don't move house) your new loan pays off the
existing/outstanding mortgage any surplus monies applied for beyond that needed
to repay the original debt is deemed to be capital raising.
You can, depending on your lenders particular
criteria, capital raise for many purposes such as debt consolidation or home
improvements but it is wise to ensure that your lender allows the type of
capital raising that you might require before applying for your remortgage..
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