Debt consolidation mortgage rates

Let us find the juiciest quote for you

Consolidate your debts into one manageable monthly sum with a great value debt consolidation mortgage rate.

There are hundreds of deals available through dozens of UK lenders - so it can be difficult trying to find the right one. First Mortgage is an impartial broker that searches the whole of the market. We provide a completely FREE service that guarantees to find the best debt consolidation mortgage rates.

What is a debt consolidation mortgage?

If you have lots of money outstanding on credit cards, unsecured loans and store cards you may want to take advantage of lower mortgage interest rates by consolidating your debts. Although debt consolidation rates are usually higher than standard deals, you will likely be able to reduce your monthly outgoings significantly. Even if you have a bad credit history (including CCJs, arrears, bankruptcy or defaults) we can help arrange a low rate deal for you.

Is a debt consolidation mortgage rate right for you?

If you find that your monthly repayments to credit cards and loans are very high, the benefits of this type of deal can be large. In some cases monthly payments can be reduced by as much as 60%. However, it’s worth remembering that your payment term will increase, meaning that you pay slightly more interest in the long term. The decision is whether your priority is reducing monthly outgoings through low rates or paying less overall interest in the long run.

Our team of consultants can help you with any questions you may have and help you arrange the best deal. Call us on 0845 603 1525 for a free advice and to arrange an immediate no-obligation quote.

The overall cost for comparison is 8.5% APR. The actual rate will depend on your circumstances. Ask for a personalised illustration.