Debt consolidation mortgages - pay off your debts
If you're struggling to keep up with your unsecured debts, you could significantly reduce your monthly outgoings with a debt consolidation mortgage - a new mortgage big enough to pay off your unsecured debts as well as your original mortgage.
Benefits of a debt consolidation mortgage
By consolidating your debts, you could enjoy the following benefits:
- Lower payments - a longer mortgage term will reduce the amount you pay each month
- Lower interest - pay off your high-interest debts with a mortgage you can afford
- Simpler finances - eliminate your other debts by 'bringing them into' your mortgage
- Greater control - know exactly what you owe and when you'll be debt free
Please remember that extending the duration of your mortgage may increase the total amount you repay in the long term.
Release the cash in your home
After a decade of rapid price increases, the average UK property is worth almost three times as much as it was in the late 90s. As a result, millions of homeowners own a substantial amount of equity*, and a remortgage could be an excellent way to turn this into cash.
*Equity is the portion of the property that the homeowner owns outright. It's the value of the property minus the value of any mortgages and/or loans secured on it.
Why choose us?
The Debt Solutions Centre is a licensed debt adviser and credit broker. We can offer independent, confidential advice on a wide range of financial solutions, from debt management to debt consolidation, remortgages and IVAs (Individual Voluntary Arrangements).
We have strong working partnerships with renowned insolvency practitioners and accredited debt specialists, meaning we can provide financial solutions tailored to your individual needs.
Our advisers are standing by to take your call. Once they've gone over your financial situation with you, they'll explain your options and help you identify the debt solution that offers you the best way out of debt.