We can help you if you;
want to remortgage specifically to clear debts
Sometimes referred to as ‘debt consolidation’, it is possible in some scenarios to release equity from your home and, therefore, increase your mortgage to enable you to clear other debts.
It is essentially clearing one debt and replacing it with another. There is a lot to consider and pros and cons to weigh up.
*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.
