Unencumbered means that the property is owned outright without a mortgage. If you own an unencumbered property but need to raise money against it for any legal purpose then our expert advisers can help you to find the most suitable mortgage for your needs. Contact us today and see how we can help with a mortgage for your unencumbered property.
A mortgage is a loan secured against your home. Your home may be repossessed if you do not keep up repayments on your mortgage or any other debt secured on it. You may have to pay an early repayment charge to your existing lender if you remortgage.