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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