Switching mortgage Explained
Many people get confused between switching and remortgaging, which technically are two different things.
Remortgaging is when you move your mortgage from one lender to another.
Switching is when you change your mortgage product but with your existing provider. For instance you might move from a fixed rate to a variable rate mortgage product with your existing lender.
Property Articles
We hope you find this mortgage glossary / explanation of mortgage terms useful. You might also be interested in our articles on a range of property related issues, a selection of which are listed below:- Mortgage Advisers Explained
- Let to Buy Mortgages
- Sourcing a Good Letting Agent
- Getting Ready for a Property Auction
- Buying Old Property
- Researching Spanish Property
- Home Buying Milestones
- Reasons to Remortgage
- Listed Properties
- What to do at auction
- Steps in the Homebuying Process
- Relocation Agents
- Letting a Property
- Spain and Utility Services
- Questions to ask when viewing a house
