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remortgage

British  
/ riːˈmɔːɡɪdʒ /

verb

  1. to take out a new or different mortgage on a property

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

"It is simply unsustainable and unfair to expect individual pharmacy owners to remortgage their house and dip into their pension pot to subsidise the cost of prescriptions and to keep their doors open for their patient," he said.

From BBC

Remortgage today or in the near future and they are likely to be moving on to a higher rate.

From BBC

As visitors to the park began to plummet and Marineland became mired in financial crisis, it won an appeal in February to remortgage its own land to funds moving its animals while it looked for a new buyer.

From BBC

It is why some don't expect the Bank of England to cut the interest rates more than one more time this year – which may come as a disappointment for the hundreds of thousands of homeowners looking to remortgage over the next year.

From BBC

"It's been very stressful, I don't know how others manage. I hope that by the time we remortgage again, rates are a lot lower."

From BBC