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Remortgaging

Switching to a new deal or want to borrow further funds?

Remortgaging is when you pay off your existing mortgage and switch to another lender. It can be a standard switch, or, you may have the possibility of borrowing a little extra.

You may want to move your mortgage to Newbury Building Society to:

  • Reduce your monthly repayments,
  • Reduce the term of your morgage, or
  • Release some of the equity in your home to put towards home improvements or to raise capital for another purpose.

Whatever the reason, a standard remortgage can be completed simply, meaning you could start benefitting from your new mortgage sooner than you thought.

Guide to remortgaging

Our helpful guide to remortgaging explains the process and options available.

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