The act of remortgaging a property based on a higher value compared to the original purchase price.

The capital raised is the amount left over after repayment of the original loan is deducted from the new loan. Some lenders will also take into account home improvement projects as part of the re mortgage, if they are likely to significantly raise the value of the property.

Capital raising remortgages are done for different reasons. - raise capital to consolidate debt - raise capital for home improvements - raise capital to pay for a holiday etc