Debt Consolidation Remortgage
What is a debt consolidation remortgage?
Using the cash to pay off all your other borrowings is called debt consolidation, so called because it brings all your debt into one place (consolidating it) – and that place is the remortgage.
What are the pros and cons of a debt consolidation remortgage?
How does a debt consolidation remortgage work?
Obtaining a debt consolidation remortgage
It’s important that you speak to a bad credit specialist at The Mortgage Hut if this is the position you are in. Our expert team are able to give you advice regarding bad credit mortgages and will be able to help you find a lender who can see past the poorer credit history to make you a mortgage offer than works for you.
The size of your remortgage
Short term interest vs. long term interest – how the numbers stack up
Getting a debt consolidation remortgage with The Mortgage Hut
At The Mortgage Hut we work with mortgage providers who are able to apply common sense over the pure number crunch. They will understand that your disposable income will immediately improve once you are freed from paying hundreds (or even thousands) out each month on high-interest loans. With a good advisor (and our team is made up of excellent advisors!) you will be able to put through a successful application for a remortgage in no time.
Read more of our articles on remortgages and bad credit mortgages for more information and if a remortgage sounds like the right help for you, contact us right away. Fill in our contact form or simply pick up the phone and we’ll get your finances back on track as fast as possible.
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