Financial situations are subject to change, and at some stage you may decide to re-mortgage a property you already own in order to move to a different lender or to release capital.
Transferring your mortgage to a different lender may have advantages, for example a better rate of interest, lower monthly payments or increased flexibility.
In some circumstances you may want to increase your borrowing against your property to release capital to enable you to do things you could not otherwise afford to do.
At RG&Co our Property team can talk you through the pros and cons of taking these steps, and point out any legal implications.