Download the app
educalingo
Search

Meaning of "remortgage" in the English dictionary

Dictionary
DICTIONARY
section

PRONUNCIATION OF REMORTGAGE

remortgage  [riːˈmɔːɡɪdʒ] play
facebooktwitterpinterestwhatsapp

GRAMMATICAL CATEGORY OF REMORTGAGE

noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation
Remortgage is a verb.
The verb is the part of the sentence that is conjugated and expresses action and state of being.

See the conjugation of the verb remortgage in English.

WHAT DOES REMORTGAGE MEAN IN ENGLISH?

Remortgage

A remortgage is the process of paying off one mortgage with the proceeds from a new mortgage using the same property as security. The term is mainly used commercially in English-speaking countries such as the United Kingdom and the United States, though what it describes is not unique to any one country. Often the purpose of switching is to secure a more favorable interest rate from a different lender. The process of remortgaging does not usually involve moving home or taking out a second mortgage on the property; it is in effect the transfer of a mortgage from one lender to another. Homeowners may choose to remortgage for various reasons, usually to reduce the overall monthly mortgage payment amounts. However, other reasons may include to reduce the size of repayments, to pay off a mortgage earlier, to raise capital, or to consolidate other more expensive short term debts. Homeowners often mis-use the expression remortgage when they are simply switching from one product to another with the same lender; this is not a remortgage which involves the removal of one legal charge over a property and its substitution with another in favour of a new lender.

Definition of remortgage in the English dictionary

The definition of remortgage in the dictionary is to take out a new or different mortgage on a property.

CONJUGATION OF THE VERB TO REMORTGAGE

PRESENT

Present
I remortgage
you remortgage
he/she/it remortgages
we remortgage
you remortgage
they remortgage
Present continuous
I am remortgaging
you are remortgaging
he/she/it is remortgaging
we are remortgaging
you are remortgaging
they are remortgaging
Present perfect
I have remortgaged
you have remortgaged
he/she/it has remortgaged
we have remortgaged
you have remortgaged
they have remortgaged
Present perfect continuous
I have been remortgaging
you have been remortgaging
he/she/it has been remortgaging
we have been remortgaging
you have been remortgaging
they have been remortgaging
Present tense is used to refer to circumstances that exist at the present time or over a period that includes the present time. The present perfect refers to past events, although it can be considered to denote primarily the resulting present situation rather than the events themselves.

PAST

Past
I remortgaged
you remortgaged
he/she/it remortgaged
we remortgaged
you remortgaged
they remortgaged
Past continuous
I was remortgaging
you were remortgaging
he/she/it was remortgaging
we were remortgaging
you were remortgaging
they were remortgaging
Past perfect
I had remortgaged
you had remortgaged
he/she/it had remortgaged
we had remortgaged
you had remortgaged
they had remortgaged
Past perfect continuous
I had been remortgaging
you had been remortgaging
he/she/it had been remortgaging
we had been remortgaging
you had been remortgaging
they had been remortgaging
Past tense forms express circumstances existing at some time in the past,

FUTURE

Future
I will remortgage
you will remortgage
he/she/it will remortgage
we will remortgage
you will remortgage
they will remortgage
Future continuous
I will be remortgaging
you will be remortgaging
he/she/it will be remortgaging
we will be remortgaging
you will be remortgaging
they will be remortgaging
Future perfect
I will have remortgaged
you will have remortgaged
he/she/it will have remortgaged
we will have remortgaged
you will have remortgaged
they will have remortgaged
Future perfect continuous
I will have been remortgaging
you will have been remortgaging
he/she/it will have been remortgaging
we will have been remortgaging
you will have been remortgaging
they will have been remortgaging
The future is used to express circumstances that will occur at a later time.

CONDITIONAL

Conditional
I would remortgage
you would remortgage
he/she/it would remortgage
we would remortgage
you would remortgage
they would remortgage
Conditional continuous
I would be remortgaging
you would be remortgaging
he/she/it would be remortgaging
we would be remortgaging
you would be remortgaging
they would be remortgaging
Conditional perfect
I would have remortgage
you would have remortgage
he/she/it would have remortgage
we would have remortgage
you would have remortgage
they would have remortgage
Conditional perfect continuous
I would have been remortgaging
you would have been remortgaging
he/she/it would have been remortgaging
we would have been remortgaging
you would have been remortgaging
they would have been remortgaging
Conditional or "future-in-the-past" tense refers to hypothetical or possible actions.

IMPERATIVE

Imperative
you remortgage
we let´s remortgage
you remortgage
The imperative is used to form commands or requests.
NONFINITE VERB FORMS
Infinitive
to remortgage
Past participle
remortgaged
Present Participle
remortgaging
Infinitive shows the action beyond temporal perspective. The present participle or gerund shows the action during the session. The past participle shows the action after completion.

WORDS THAT RHYME WITH REMORTGAGE


advantage
ədˈvɑːntɪdʒ
age
eɪdʒ
average
ˈævərɪdʒ
baggage
ˈbæɡɪdʒ
bridge
brɪdʒ
burgage
ˈbɜːɡɪdʒ
college
ˈkɒlɪdʒ
coverage
ˈkʌvərɪdʒ
damage
ˈdæmɪdʒ
foggage
ˈfɒɡɪdʒ
heritage
ˈhɛrɪtɪdʒ
image
ˈɪmɪdʒ
knowledge
ˈnɒlɪdʒ
language
ˈlæŋɡwɪdʒ
luggage
ˈlʌɡɪdʒ
manage
ˈmænɪdʒ
marriage
ˈmærɪdʒ
message
ˈmɛsɪdʒ
mortgage
ˈmɔːɡɪdʒ
package
ˈpækɪdʒ

WORDS THAT BEGIN LIKE REMORTGAGE

remora
remoralisation
remoralise
remoralization
remoralize
remorse
remorseful
remorsefully
remorsefulness
remorseless
remorselessly
remorselessness
remote
remote access
remote control
remote job entry
remote sensing
remote sensor
remote-controlled
remote-sensing

WORDS THAT END LIKE REMORTGAGE

bag and baggage
carry-on luggage
chattel mortgage
disengage
emotional baggage
endowment mortgage
engage
excess baggage
first mortgage
gage
greengage
hand baggage
hand luggage
joint mortgage
left luggage
low-start mortgage
pension mortgage
re-engage
repayment mortgage
second mortgage

Synonyms and antonyms of remortgage in the English dictionary of synonyms

SYNONYMS

Translation of «remortgage» into 25 languages

TRANSLATOR
online translator

TRANSLATION OF REMORTGAGE

Find out the translation of remortgage to 25 languages with our English multilingual translator.
The translations of remortgage from English to other languages presented in this section have been obtained through automatic statistical translation; where the essential translation unit is the word «remortgage» in English.

Translator English - Chinese

转按
1,325 millions of speakers

Translator English - Spanish

remortgage
570 millions of speakers

English

remortgage
510 millions of speakers

Translator English - Hindi

remortgage
380 millions of speakers
ar

Translator English - Arabic

ريمورتغاغي
280 millions of speakers

Translator English - Russian

перезакладывают
278 millions of speakers

Translator English - Portuguese

remortgage
270 millions of speakers

Translator English - Bengali

remortgage
260 millions of speakers

Translator English - French

hypothécaire
220 millions of speakers

Translator English - Malay

Remortgage
190 millions of speakers

Translator English - German

Umschuldung
180 millions of speakers

Translator English - Japanese

抵当条件を変更する
130 millions of speakers

Translator English - Korean

remortgage를
85 millions of speakers

Translator English - Javanese

Remortgage
85 millions of speakers
vi

Translator English - Vietnamese

remortgage
80 millions of speakers

Translator English - Tamil

remortgage
75 millions of speakers

Translator English - Marathi

Remortgage
75 millions of speakers

Translator English - Turkish

remortgage
70 millions of speakers

Translator English - Italian

remortgage
65 millions of speakers

Translator English - Polish

Kredyty refinansowe
50 millions of speakers

Translator English - Ukrainian

перезакладивают
40 millions of speakers

Translator English - Romanian

remortgage
30 millions of speakers
el

Translator English - Greek

remortgage
15 millions of speakers
af

Translator English - Afrikaans

sluit verstand
14 millions of speakers
sv

Translator English - Swedish

remortgage
10 millions of speakers
no

Translator English - Norwegian

remortgage
5 millions of speakers

Trends of use of remortgage

TRENDS

TENDENCIES OF USE OF THE TERM «REMORTGAGE»

The term «remortgage» is regularly used and occupies the 76.522 position in our list of most widely used terms in the English dictionary.
0
100%
FREQUENCY
Regularly used
65
/100
The map shown above gives the frequency of use of the term «remortgage» in the different countries.
Principal search tendencies and common uses of remortgage
List of principal searches undertaken by users to access our English online dictionary and most widely used expressions with the word «remortgage».

FREQUENCY OF USE OF THE TERM «REMORTGAGE» OVER TIME

The graph expresses the annual evolution of the frequency of use of the word «remortgage» during the past 500 years. Its implementation is based on analysing how often the term «remortgage» appears in digitalised printed sources in English between the year 1500 and the present day.

Examples of use in the English literature, quotes and news about remortgage

EXAMPLES

10 ENGLISH BOOKS RELATING TO «REMORTGAGE»

Discover the use of remortgage in the following bibliographical selection. Books relating to remortgage and brief extracts from same to provide context of its use in English literature.
1
Save Thousands Buying Your Home: A Step-By-Step Guide to ...
Then list the monthly costs of the mortgage payments for your current mortgage and remortgage. You need to be saving some money to make the inconvenience of the remortgaging worthwhile. Remortgaging will involve some time and effort ...
Maxwell Hodson, 2003
2
Equity and Trusts
In Prestidge, the mortgagor gained the agreement of the cohabitee to the original mortgage for the purchase of property. The mortgagor then sought a remortgage on more onerous terms. This remortgage was completed without the consent of ...
Alastair Hudson, 2009
3
Home Ownership: Getting In, Getting From, Getting Out
Table 8.2 Reasons for remortgage, in % Remortgagers All remortgagers with MEW Home improvement 62 52 years, there a number of reasons for fo- Majorpurchase 14 12 cussing on this group here: Better rate 20 29 there is the greater ...
P. J. Boelhouwer, J. F. Doling, Marja Elsinga, 2005
4
Using Other People's Money: How to Invest in Property
I would then apply for a remortgage rather than a mortgage from the bank. The bank would carry out a credit check, instruct the survey and eventually make the official offer in the normal way. However, the surveyor would be examining the ...
Vicki Wusche, 2012
5
Your Bank Is Ripping You Off, Revised and Updated Edition
You should always try to improve your position. This brings us to your remortgage option. We live in a time of financial volatility, meaning interest rates fluctuate often and severely, so it makes sense to review your mortgage as it compares with ...
Edward F. Mrkvicka, 1999
6
Peril
Another problem is we wouldn't normally make a remortgage to finance vehicle purchase. You see, a car has a short life compared to the duration of the mortgage. Presumably you would want the termofthe remortgage to match the existing ...
Ruby Barnes
7
The Complete Guide to Buying and Selling Property: How to ...
Some lenders offer special deals for borrowers looking to remortgage to minimise these costs. The rate may not be the most competitive, but it is balanced by benefits such as a free valuation, no application fee, and cashback of £250 or £ 300 ...
Sarah O'Grady, 2004
8
Kick Back
"I think you'll find, Mrs. Wright, that most lenders prefer a remortgage, especially bearing in mind that our house prices up here in the North West have started dropping a tad. You see, if there were to be any problems in the future and the house ...
Val McDermid, 2006
9
Real Estate Economics: A Point to Point Handbook
In such a situation, borrowers may well want to 'remortgage' because this way they will be able to substitute a new, lower-priced, mortgage loan for an existing, higher-priced, one. 3 When borrowers with variable-rate mortgage loans think that ...
Nicholas G. Pirounakis, 2013
10
Marketing Research: Tools and Techniques
As I say I don't know if whether it's our age or we just didn't think about it, it's never really been something that we thought about outside the context of the mortgage, although once we started talking about the remortgage, I think we were both ...
Nigel Bradley, 2013

10 NEWS ITEMS WHICH INCLUDE THE TERM «REMORTGAGE»

Find out what the national and international press are talking about and how the term remortgage is used in the context of the following news items.
1
Head2Head: Why is the remortgage market in the doldrums?
With mortgage rates at lifetime lows (which, in my case, is a lot of years), it is absurd that remortgage volumes also remain firmly rooted at low levels. So what is ... «Mortgage Strategy, Jun 15»
2
Remortgage market strengthens in every UK region
The Remortgage market gathered pace in the first quarter of 2015 across all regions of the UK but lending to homemovers and first-time buyers typically fell, data ... «Mortgage Introducer, May 15»
3
Leeds BS launches remortgages for Help to Buy borrowers at the …
Leeds Building Society has launched two remortgage deals for homeowners who bought a house with a 5 per cent deposit and a 20 per cent Government loan. «This is Money, May 15»
4
Price war prompts remortgage surge
Borrowers are seeking to save up to £100 by remortgaging to a cheaper deal, according to research by Nottingham building society. «Mortgage Solutions, May 15»
5
Leeds launches 2 Help to Buy remortgage products
Leeds Building Society has launched two remortgage products for borrowers who have purchased with assistance from the Government's Help to Buy equity ... «Mortgage Strategy, May 15»
6
TSB offers remortgage borrowers biggest rate cuts
Borrowers looking to remortgage are receiving the biggest rate cuts. For applicants with an LTV between 80 to 85% a 0.3% cut to interest rates is available. «Mortgage Solutions, Apr 15»
7
Help to Buy equity loan borrowers face rate traps
Only Halifax and Lloyds Bank, both part of the Lloyds Banking Group, Barclays and Leeds Building Society have so far said they will offer remortgages to ... «Telegraph.co.uk, Mar 15»
8
Leeds begins accepting Help to Buy remortgage apps
Remortgage borrowers can retain the existing loan size, subject to a property valuation, and keep the Government's equity loan. Alternatively, they can choose to ... «Mortgage Strategy, Mar 15»
9
Why 2015 is the year to remortgage your home
With the end in sight for record low borrowing costs, now is an "ideal time" for people to remortgage their homes, using fixed rates to lock-in favourable ... «CITY A.M., Feb 15»
10
Remortgage slump continues as volumes plummet 13%
The continued slump in remortgage activity led to a 13 per cent decline in the number of loans in Q4 2014 compared with the same period a year earlier, ... «Mortgage Strategy, Feb 15»

REFERENCE
« EDUCALINGO. Remortgage [online]. Available <https://educalingo.com/en/dic-en/remortgage>. Apr 2024 ».
Download the educalingo app
en
English dictionary
Discover all that is hidden in the words on
index
a b c d e f g h i j k l m n o p q r s t u v w x y z