remortgage

🇺🇸 /ˈriːmɔːrɡɪdʒ/ 🇬🇧 /ˈriːmɔːɡɪdʒ/
Frequency
Difficulty
Tags RARE
noun
R

A new mortgage or a change to an existing one on a house or apartment.

We decided to remortgage our home to get a lower interest rate.

verb
R

To get a new mortgage or change an existing one on a house or apartment.

They are remortgaging their house to consolidate debts.

translation

n. A new mortgage or a change to an existing one on a house or apartment.
v. To get a new mortgage or change an existing one on a house or apartment.

Word Forms

3rd Present remortgages
Past remortgaged
Perfect remortgaged
Progressive remortgaging