Is it better to remortgage or get a loan?

If you want to borrow an additional amount of money that is secured on a property, then in general you have two options. You can either remortgage, or you can keep your current mortgage and take out a secured loan.

However, there isn't a definitive answer to this question as it is generally dependant on your reasons for seeking the extra finances so seeking advice from the team at MO would be your best port of call.