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You may have heard people talk about the benefits of remortgaging but if you’re asking what is remortgaging, you’ve come to the right place. We’ve put this article together to explain what is remortgaging, the benefits of remortgaging and how the remortgaging process works.
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Your home may be repossessed if you do not keep up repayments on your mortgage.
There may be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances.
The fee is up to 1% but a typical fee is 0.3% of the amount borrowed.