Remortgaging is a term that describes changing mortgageprovider. At the time of remortgaging, you may considerborrowing more money to be secured against the property which isknown as a Further Advance.
As we have a financial interest in your home, it is importantthat we are aware of and agree to any changes in your lender or anincrease in how much you are borrowing. Government money hasbeen used to assist you to buy your home and L&Q have a duty toensure that this is protected.
We would recommend that you shop around to find the bestmortgage deals available at the most competitive rates and in doingthis, we promote the freedom of choice. We have a panel of independent Financial Advisors who are willing to assist withany financial queries that you have and should you wish you usetheir services, they will charge preferred rates to L&Qcustomers.
The remortgaging and further advance page details thedocuments we require to consider your application to changemortgage provider. You will need a solicitor to act on yourbehalf to change lender and/or borrow more money. We have apanel of dedicated independent solicitors who are able toassist you should you wish and again they offer preferred rates toL&Q customers.
L is the 12th letter of the modern English alphabet and the ISO basic Latin alphabet. Contents 1 History 2 Use in English 3 Use in other orthographies 4 Other uses 5
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