remortgage Definition in the Cambridge English Dictionary Cambridge dictionaries logo
Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

Definition of “remortgage” - English Dictionary

"remortgage" in British English

See all translations

remortgageverb [I or T]

uk   /ˌriːˈmɔː.ɡɪdʒ/ us   /ˌriːˈmɔːr.ɡɪdʒ/ UK US refinance
to change the terms of a mortgage (= agreement by which you borrow money to buy property), usually by increasing the amount of it, in order to be able to borrow more money: Robin decided to remortgage his house to pay off his debts.
remortgage
noun [C] uk   /ˈriː.mɔː.ɡɪdʒ/ us   /ˈriː.mɔːr.ɡɪdʒ/
The building society will arrange a remortgage for a fee of £100.
(Definition of remortgage from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)

"remortgage" in Business English

See all translations

remortgageverb [I or T]

uk   /ˌriːˈmɔːɡɪdʒ/ us   UK FINANCE, PROPERTY
to replace a mortgage that you already have with a new mortgage, for example one with lower interest rates: Fears that interest rates might increase before the end of the year spurred homeowners to remortgage.remortgage your home/house/property They remortgaged the family home in order to finance the business.

remortgagenoun [C]

uk   /ˌriːˈmɔːɡɪdʒ/ us   UK FINANCE, PROPERTY
a financial arrangement in which someone replaces a mortgage that they already have with a new mortgage, for example one with lower interest rates: 340,000 loans and remortgages were granted to buy-to-let landlords in 2007. Our deal offers free valuation and free legal work on remortgages. remortgage deals/packages/schemes
(Definition of remortgage from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of remortgage?
Add Cambridge dictionaries to your browser to your website

“remortgage” in English

“remortgage” in Business English

Avoiding common errors with the word enough.
Avoiding common errors with the word enough.
by ,
May 25, 2016
by Liz Walter Enough is a very common word, but it is easy to make mistakes with it. You need to be careful about its position in a sentence, and the prepositions or verb patterns that come after it. I’ll start with the position of enough in the sentence. When we use it with a noun,

Read More 

Word of the Day

environment

the air, water, and land in or on which people, animals, and plants live

Word of the Day

decision fatigue noun
decision fatigue noun
May 30, 2016
a decreased ability to make decisions as a result of having too many decisions to make Our brains have a finite number of decisions they can make before they get depleted and become less discerning – so this is called decision fatigue.

Read More