Remortgaging Advice Please.

[piggynose]

Is there anybody on here who can give me advice, it's not for me its for a close friend.

[Buenchico]

The Money Helper website (which is backed by H M Government) might be a good place to start:
https://www.moneyhelper.org.uk/en/homes/buying-a-home/remortgaging-to-cut-costs

[piggynose]

thanx chris.
The reason why they want to remortgage their property is release about 100,000 quid. What they wanted to know was what will the consquences be?

[jno]

https://www.remortgage.com/guides/remortgage-pros-cons.php

[Buenchico]

If your friend is an older member of the community, equity release (rathe than simple remortgaging) might possibly be a better option:
https://www.moneyhelper.org.uk/en/homes/buying-a-home/what-is-equity-release

[piggynose]

Thanx a lot.