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Debt consolidation remortgages

Debt consolidation may reduce your monthly outgoings

  • Are you struggling to reduce your credit card balances?
  • Are you paying too much out on loan repayments?
  • Are you looking to raise capital via a remortgage?
  • If you’ve missed payments, don’t worry, you may still have options available, subject to lender criteria.
See if you qualify

Answer a few quick questions to check your eligibility without affecting your credit score.

Consolidating debts into your mortgage may reduce your monthly payments but could increase the total amount you repay and extend the length of your borrowing. Your home may be repossessed if you do not keep up repayments on a mortgage or other loan secured against it.

See How Much You Could Save

Use our calculator to see the potential difference consolidating your debts could make to your monthly outgoings.

£25,000
£0£100k
£800
£0£2.5k

New Estimated Payment: £0

Cost Increase

£0

per month

Check eligibility

These savings are just an example and do not constitute a mortgage offer.We only recommend options if there is a clear benefit to you.

Budget Impact

Monthly View

This graph is for illustrative purposes only. Each case is different, and your monthly savings may vary from the example shown. The figures provided are a simple estimate based on a fixed interest rate of 6.5% over a 25-year term, used solely to demonstrate how your monthly payment might change.

This example is intended to help illustrate potential outcomes only. Extending your borrowing over a longer term may result in you paying more overall over the life of the mortgage compared with continuing on your current standard monthly repayments.

Risk Warning

Continuing with your current debt repayments may involve risks, depending on your circumstances. You may wish to consider whether your debt is reducing, whether repayments are affordable, and whether your financial position may change.

A debt consolidation remortgage is one option but will not be suitable for everyone and may increase the total amount repaid. Using your home as security carries risks, and your home may be repossessed if you do not keep up repayments.

You may also wish to explore alternative options and seek free, independent guidance, for example from the MoneyHelper service, before making a decision.

Want to spend less each month by combining your debts?

Remortgaging could allow you to consolidate your current costly borrowing together into one manageable payment, potentially at a lower interest rate.

Expert advice

A CeMAP qualified advisor will assess your case and talk you through suitable options – simplifying the next steps.

Broker-only deals

Access to products you may not see going direct to lenders, including specialist providers.

We do the heavy lifting

We handle the lender conversations and paperwork so you don’t have to repeat your story.

No obligation

We'll outline your options clearly so you can decide whether proceeding is right for you.

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Why thousands of people, just like you, talk to our experts

Our CeMAP qualified mortgage advisors help you compare options and potentially save hundreds of pounds each month.

Certainty & transparency

Clear, honest explanations so you understand every option and any fees before you decide.

Lower monthly payments

Consolidate high-interest debts into a mortgage to reduce your overall monthly outgoings.

Broker-only access

We search across a wide panel of lenders, including those not available directly to the public.

Common Questions about Debt Consolidation

Clear answers to help you make an informed decision.

There are other options that may be suitable depending on your circumstances: 0% balance transfer credit cards can work for some people if the balance can be repaid within the promotional period, but they are not suitable for everyone and may not solve ongoing debt problems. Unsecured personal loans may be appropriate for lower levels of debt. However, they may not reduce monthly repayments or allow all debts to be consolidated. Debt solutions can combine debts into one affordable payment for some people, but they are not suitable for everyone and will usually impact your credit file for up to six years. For free, impartial advice, we recommend contacting MoneyHelper before making a decision.
Check whether your APR has increased and what your minimum payment is based on, then cut spending so the balance stops growing. Consider a 0% balance transfer if you can repay within the promotional period and the fee still makes it worthwhile. If you are already struggling, contact the card provider early to discuss options and get free debt advice.
Yes. Some homeowners remortgage or take a further advance to raise funds and repay unsecured debts (like credit cards or personal loans). Whether it is possible depends on available equity, credit history, and affordability checks, and it changes the risk profile because the debt becomes linked to your home.
It can be if it lowers the overall cost and the monthly payments are sustainable, after accounting for fees and any early repayment charges. The key downside is that you are securing previously unsecured debt against your home and you may pay much more overall if you extend the repayment term. It is usually worth comparing against non-secured options first.
A debt consolidation remortgage is replacing your current mortgage with a new, larger mortgage and using the extra borrowing to pay off other debts. You then repay those debts as part of your mortgage instead of paying multiple separate lenders.
You apply for a new mortgage (or a further advance) that includes additional borrowing. If approved, the extra funds are used to settle other debts, and you repay the combined amount under the new mortgage terms. You should compare the total cost (interest rate, fees, and term) and consider what happens if rates rise or your circumstances change.
It is most commonly used to repay unsecured debts such as credit cards, personal loans, and overdrafts. What you can repay in practice depends on lender criteria and the settlement terms of each debt, so you should check exactly how funds will be released and what evidence the lender requires.
It depends on your current APRs, balances, fees, and the new mortgage rate and term. Monthly outgoings might fall, but the total repaid can increase if you spread the debt over many more years or pay significant fees. A good comparison is: current total monthly payments and total remaining interest versus the new mortgage payment and total cost over the chosen term.
You are turning unsecured debt into debt secured on your home, so falling behind can ultimately risk repossession. Extending the term can mean paying far more overall, even if the rate is lower. There can also be early repayment charges and other fees, and some people clear cards then build the balances back up, leaving them worse off.
Credit history and affordability both matter. With weaker credit, you may have fewer lenders to choose from and higher rates/fees, and some applications may be declined. Specialist lenders may consider adverse credit in some cases, but you should compare the full cost carefully and consider free debt advice before securing debts on your home.