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词汇 remortgage
释义 remortgage
verb[ I or T ]
UKuk /ˌriːˈmɔː.ɡɪdʒ/ us /ˌriːˈmɔːr.ɡɪdʒ/(USrefinance)
to change the conditions of a mortgage(= agreement by which you borrow money to buy property), usually by increasing the amount you borrow: (尤指为了得到更多钱而)再抵押,转按揭
Many borrowers remortgage every three or five years to take advantage of cheap fixed rates.
Robin decided to remortgage his house to pay off his debts.罗宾决定将他的房子进行再抵押来清偿债务。
He advised me to remortgage with a lender with a lower standard rate.
She remortgaged her £123,000 one-bed flat over the summer and had it valued at £126,000.
It is never a good idea to remortgage your house to pay off other creditors.
SMART Vocabulary: related words and phrases

Mortgages & real estate
blockbusting
brick
bricks and mortaridiom
BTL
buy-to-let
chain
endowment mortgage
equity
landlady
letting
mortgagee
planning blight
real estate broker
real estate developer
real estate office
Realtor
realty
realty office
refinance
repossess
remortgage
noun[ C ]
UKuk /ˈriː.mɔː.ɡɪdʒ/ us /ˈriː.mɔːr.ɡɪdʒ/(USrefinancing[ U ])
a mortgage(= an agreement by which you borrow money to buy property) that has different conditions to a previous one, usually by being for a larger amount:
The building society will arrange a remortgage for a fee of £100.
Make sure you arrange the remortgage before leaving your job because you will have difficulty once you become self-employed.
Some borrowers could have got a remortgage deal elsewhere.
Twenty per cent of remortgage applications were to release equity to buy a second home.
SMART Vocabulary: related words and phrases

Mortgages & real estate
blockbusting
brick
bricks and mortaridiom
BTL
buy-to-let
chain
endowment mortgage
equity
landlady
letting
mortgagee
planning blight
real estate broker
real estate developer
real estate office
Realtor
realty
realty office
refinance
repossess

remortgage | Business English


remortgage
verb[ I or T ]
 FINANCE, PROPERTY UKuk /ˌriːˈmɔːɡɪdʒ/us
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/propertyThey remortgaged the family home in order to finance the business.
remortgage
noun[ C ]
 FINANCE, PROPERTY UKuk /ˌriːˈmɔːɡɪdʒ/us
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

Examples of remortgage


remortgage
It is the economics of remortgaging the house and forgoing repairs simply to pay the housekeeping bills.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
They picked up the £130 billion output, sold off the family business and spent the money, remortgaged—and they are still in trouble, as is the country.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
In that year, she was told by the appointed receiver to borrow £14,000 through remortgaging her house.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
Many of them borrowed money, some remortgaged their properties.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
Three of my constituents undergoing private infertility treatment have told me that they have had to remortgage their houses to do so.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
Another thing that has caused debt to grow is the easy availability of not only mortgages but remortgages.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
When we get to the end of a five-year deal—and it may have been a good deal—we may remortgage.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
That is—the option of remortgaging his home to pay for health care.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
The problem concerns those people who, in the 1980s, were sold home income plans—very often by companies or independent financial advisers—and who remortgaged a house.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
I understand that they bought their property in 1987 and remortgaged it in 1989 to finance an expansion of their business.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
Some people remortgage their property and get a cheaper deal.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
Several thousand retired people have mounting debts and cannot pay them off by using interest payments or by remortgaging.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
If they are elderly or retired, building societies will not look at the possibility of a remortgage.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
Of course, for many people remortgage is impossible.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
Is he aware that if they remortgage they lose out on tax relief on that part which involves the home improvements scheme?
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
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