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Remortgaging

The process of switching your mortgage loan from one lender to another without moving house. Visit our guide to remortgaging your property or take a look at our best remortgaging rates. 

Repayment Mortgage

A mortgage loan funded by simple monthly repayments, calculated to repay capital and interest usually over a term of 25 years (less if preferred).

Repayment vehicle

The means by which a mortgage loan’s capital is repaid. Examples include endowment policies, ISAs, and personal pensions.

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