• What is a remortgage?
Remortgage refers to obtaining a new mortgage at a lower rate of interest to replace an existing mortgage.
• How can the money be used?
The money can be used for consolidating your debts.
After applying for a remortgage, will the interest rate be reduced? Yes, the interest rate on the remortgage will be much lower than your present mortgage.
• Who can apply?
All residents of UK who are above 18 years of age can apply for loans with us.
• What will the new interest rate be?
The interest rate will definitely be lower than what you have been paying so far on your present mortgage.