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MRT 2 · Refinancing Mortgages
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Refinancing Mortgages
Reasons for remortgaging, the process, costs involved, and when to start searching.
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Key points
Question 3
Which term matches: "Better interest rate; release equity; consolidate debts; remove or add borrower; switch from one product type to another"
Question 4
What does "Process" mean?
Question 5
Match each term in "Key points" to its meaning
Tap a term, then tap its matching definition.
Question 6
Fill in the blank
______ — ERC on existing deal (if applicable); new arrangement fee; valuation fee; legal fees (sometimes
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What the exam tests
Reasons for remortgaging, the process, costs involved, and when to start searching.
Question 8
True or false?
Reasons for remortgaging, the process, costs involved, and when to start searching