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many reasons you may want to remortgage and its certainly something that everybody should do when the time is right whether youre looking to borrow extra money and pull equity out of your home for a variety of reasons or whether you simply want to switch to a better rate this video im going to go through how you go about it all the options and the factors that need to be considered so stick around till the end of the video welcome to the channel guys my name is michael im a qualified uk mortgage advisor and this channel pfs mortgages is all about making the mortgage process make sense so you guys can make the right decisions if you enjoy the video please consider subscribing and smash that like button for me it all helps the channel to grow now lets get on with the video so firstly what is re mortgaging well simply put remortgaging is taking out a new deal when your existing deal comes to an end this can either be with your existing lender or switching to a new one so just as with