You are juggling several repayments
Credit cards, loans and finance agreements can create multiple dates, rates and minimum payments to manage each month.
Compare debt consolidation remortgage options from over 100 lenders. Check your eligibility in under 60 seconds and see whether you could combine your debts into one affordable monthly payment.
A clearer monthly picture
A debt consolidation remortgage may allow you to repay selected credit cards and loans, replacing several separate commitments with one mortgage payment. The right question is not only whether the monthly payment falls, but whether the overall cost and risk make sense for you.
Illustrative monthly cash-flow difference
Example repayment cost for £45,000 of additional borrowing over 20 years at an illustrative rate of 5.25%.
£303 p/m
This compares the repayments on the selected debts only and does not include the existing mortgage payment, fees or any early repayment charge. The 5.25% rate is purely illustrative and is not a product quote. Extending debt over a mortgage term can reduce the monthly payment while increasing the total amount repaid, and your home may be at risk if payments are not maintained.
Is it worth reviewing?
It will not be suitable for everyone, but these are common reasons homeowners ask us to compare the options.
Credit cards, loans and finance agreements can create multiple dates, rates and minimum payments to manage each month.
A natural remortgage point can be an opportunity to assess the mortgage and unsecured debts together rather than in isolation.
You want to understand whether restructuring borrowing could improve cash flow without overlooking the long-term cost.
Simple, but properly assessed
A smaller payment can look attractive, but suitability depends on the mortgage rate, term, fees, equity, early repayment charges and total amount repayable.
Share the key figures through the form so an adviser can understand what you owe, what you currently pay and what you want to achieve.
Your adviser considers available remortgage options alongside fees, mortgage term, total repayment and the impact of securing previously unsecured debt against your home.
You receive a clear recommendation based on your circumstances. If consolidating is not suitable, your adviser should tell you rather than force the numbers to fit.
Straight answers
Enough information to understand the next step, without burying the form under a wall of text.
Potentially. The debts that can be repaid will depend on the lender, your available equity, affordability and whether consolidation is suitable for your circumstances.
No outcome is guaranteed. Spreading borrowing over a longer mortgage term can reduce the monthly cost, but the mortgage rate, fees and term all affect the result and may increase the total amount repaid.
The charge needs to be included in the comparison. Depending on its size and when your deal ends, it may be better to wait, reserve a deal in advance or consider another route.
Not automatically. The type, amount and age of the credit issue will matter, alongside income, property value, mortgage balance and overall affordability.
Complete the short form above and give an adviser enough information to assess the mortgage, debts and likely options together.