Definition of remortgage in English:

Share this entry


Pronunciation: /riːˈmɔːɡɪdʒ/


[with object]
Take out another or a different kind of mortgage on (a property): he remortgaged their home to help meet the growing bills [no object]: once you remortgage, tax relief will be limited to the first £30,000 of your loan
More example sentences
  • One reader in her mid-30s was remortgaging her property last year with AIB.
  • Nor will you investigate remortgaging your property, nor do anything about that costly endowment.
  • In 1989 the son remortgaged the property to the Nationwide Building Society.


A different or additional mortgage: a remortgage is one of the cheapest ways of borrowing money
More example sentences
  • Historical references show people have borrowed significant amounts of money for thousands of years without credit cards, remortgages or other modern inventions.
  • Following my recent thoughts about the benefits of using a mortgage broker when considering a remortgage, I spent the weekend doing the actual sums.
  • In the UK, most mortgages are remortgages and we tend to follow their example.
Share this entry

What do you find interesting about this word or phrase?

Comments that don't adhere to our Community Guidelines may be moderated or removed.