Debt
consolidation mortgages Remortgages for debt consolidation
When other debts such as high monthly payments on credit cards or loans put
unbearable pressure on your income so that you are left with very little or no
surplus you may want to consider the option of remortgaging to cover the total
amounts outstanding. You then pay off these debts in one go and often have
considerably reduced monthly outgoings. We have schemes for up to 85% loan to
value or with some adverse credit.
When contemplating debt consolidation remortgages you must consider the effect
of adding an unsecured loan to a mortgage over a longer term repayment period.
The monthly repayments would be lower but the total interest would be more.
Also unsecured loans can not result in home repossession if you are unable to
pay. Finally if it is not better for you to renegotiate payment terms with
your creditors then remortgages for debt consolidation are worth considering.
Our application process is easy and comprehensive and you can track the
progress of your application at any time through our on-line secure tracking
system. The whole
process of quotations, illustrations and application is done by e-mail and
post.
To find out how we can help you
please complete an enquiry form and we will be back to you with some good news
before you know it!
The actual rate available will
depend on your circumstances. Ask for a personalised illustration.
Think carefully before securing other debts
against your home. Your home may be repossessed if you do not keep up
repayments on your mortgage.
We will charge you a fee of £695 for arranging and processing your mortgage
the fee is not payable up-front and only if we obtain a mortgage offer for you.
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