Call today to speak to an expert 0207 7100 400 Call 24 hours a day
Remortgages for Debt Consolidation
No Maximum Amount of Debt
Holistic Underwriting
High Loan to Values
All Circumstances Considered
Bespoke Advice
Step 1
Enquire Online
Step 2
Speak to an Advisor
STEP 3
We'll arrange the mortgage
Step 1
Enquire Online
Step 2
Speak to an Advisor
STEP 3
We'll arrange the mortgage
Debt Consolidation Remortgage
Debt Consolidation Remortgages are mortgages which allow clients to consolidate any debts they have built up and be secured against their house.
Clients often tell us that they can be annoyed that their existing bank puts restrictions on the amount of debt they can consolidate or imposes a cap on the maximum debt to income ratio. They also tell us they may have failed credit score due to the amount of debt they wish to consolidate.
We also often told how frustrating it can be that mortgage lenders limit the loan to for debt consolidation compared to other remortgages. At Capital Fortune we work with lenders who do not have these limits.
Customers often tell us that they’ve always paid their payments but will be in a much stronger position each month if their debts were consolidated into their mortgage over a longer period.
However, you should be aware that whilst this means you will make short term savings, over the long term you may end up paying more. This is because you may be borrowing the money for longer. You are also transferring previously unsecured debts to a mortgage, which is secured on your home.
It is important to demonstrate that you will be in a stronger position after the debt consolidation remortgage.
Our expert team work with a range of lenders who can look at each application individually. We assess each remortgage on its own merits, taking an holistic approach.
If you have built up debt which you wish to consolidate, contact us today!
Debt consolidation mortgage packages are usually available with a range of rate structures and at various loan-to-value ratios. To undertake debt consolidation, your mortgage must be secured with a smaller deposit than the value of your equity in the property. This may, however, affect your ability to secure competitive rates. It is also worth considering the long term cost-effectiveness of a debt consolidation mortgage, as it may lengthen the amount of time that the debt gains interest for.
Debt consolidation mortgage packages can be extremely helpful for borrowers with a range of circumstances. At Capital Fortune, we are committed to helping borrowers secure the best debt consolidation mortgage for their needs.
We offer a personalised service and carefully match the most competitive debt consolidation mortgage deals to your individual requirements. We analyse debt consolidation mortgages holistically to ensure we recommend the most suitable and affordable deal for you – beyond the headline rate.
Call our mortgage broker team now on 0207 7 100 400 or complete the Mortgage Enquiry Online. As part of our service, we will call you back.
Think Carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage.
You will potentially pay more interest by consolidating if the loan is increased and the term is extended.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE
Rates are updated daily and can be withdrawn at anytime without notice by lenders.”
Think carefully about securing other debts against your home. Your home or property may be repossessed if you do not keep up repayments on your mortgage or any other debts secured on it.
Commercial Mortgages and some forms Buy to Let mortgages are not regulated by the Financial Conduct Authority.
Worked with us to find the best solution in a timely and professional manner.....
For service - Mortgage to assist with: REASON_BTL_REMORTGAGE
