Mortgages · Debt Consolidation
One payment, instead of several.
A debt consolidation remortgage uses the equity in your home to pay off existing debts — loans, credit cards, car finance — replacing several payments with one. It can reduce monthly outgoings, but it's not automatically the right answer for everyone — we'll say so if it isn't.
The important trade-off to understand
Consolidating unsecured debts — credit cards, personal loans, car finance — into your mortgage typically lowers your monthly payment, because you’re spreading the debt over a mortgage term (often 20-25 years) instead of a shorter loan term (often 2-5 years). That can genuinely help monthly cash flow.
But it also usually means paying significantly more interest over the life of the debt — critically, it converts unsecured debt into debt secured against your home. If repayments aren’t kept up in the future, the consequences are more serious than with unsecured borrowing. This is exactly the kind of decision that benefits from a proper conversation about the full picture, not just the monthly-payment headline figure.
Think carefully and take advice before you undertake debt consolidation which you may secure upon your property.
Who this is for
- Multiple loans or credit cards at higher interest rates
- Struggling to keep track of several monthly payments
- Sufficient equity built up in your property
- Looking to reduce total monthly outgoings
- Considering a remortgage for other reasons anyway
- Wanting a clearer, simpler financial picture
How it works
Tell us about your debts and equity
What you owe, at what rates and your current property value and mortgage balance.
Honest assessment
We'll show you the real cost — consolidating unsecured debt into a mortgage usually means paying it off over a much longer term.
Lender matching
If it's right for you, we identify lenders comfortable with the additional borrowing and your circumstances.
Application to completion
Your adviser manages the case through to your debts being cleared.
Your home or property may be repossessed if you do not keep up repayments on your mortgage or other loans secured upon it.