The start of a new year often brings fresh motivation. After the excesses of Christmas, many homeowners with a mortgage take stock of their finances and ask an important question: “How can I get back in control?”
If you’re juggling multiple debts, credit cards or rising monthly outgoings, the new year is the perfect time to reset — especially if you’re a homeowner with a mortgage. With the right approach, it’s possible to simplify your finances, reduce stress and start the year with a clear plan.
Why the New Year Is the Right Time to Review Your Debt
January is when financial pressure tends to surface. Christmas spending, higher winter bills and existing debts can all collide at once. Rather than letting this linger, reviewing your situation early allows you to:
Avoiding the issue often leads to higher balances and more stress later on.
So let’s get started on that plan.
Step One: Understand the Full Picture
Before making changes, it’s important to list all your debts in one place:
Seeing the full picture helps you understand how much interest you’re paying and how much your monthly commitments really are.
How Debt Consolidation Can Help
Debt consolidation involves combining multiple debts into one single repayment. For many homeowners with an existing mortgage, this can mean:
For those with equity in their property, consolidation can often be achieved through a remortgage or secured loan, making repayments more affordable and structured over the long term.
When Remortgaging May Be an Option
Remortgaging can be a powerful way to regain control of your finances if:
A well-structured remortgage can simplify finances and provide a fresh start for the year ahead.
Take the First Step Towards a Simpler 2026
If managing debt feels overwhelming, you don’t have to tackle it alone.
Our friendly CoG Financial team works with homeowners across the UK to help reduce monthly payments, consolidate debt and create clear, achievable financial plans.
Call on 01489 357550 or email hello@cogfinancial.co.uk, so we can start helping you regain control of your debt.
Message us to find out more about how to regain control of your debt
