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Why get a debt consolidation remortgage?
Remortgaging can be one of the best ways to save money and cut your monthly outgoings. If you have lots of money outstanding on unsecured loans, credit cards and store cards, you could cut your monthly repayments by as much as 60% with a debt consolidation remortgage. Mortgages usually offer lower interest rates than credit cards and unsecured loans, so you can often save money by consolidating.
Is a debt consolidation remortgage right for you?
If you have lots of unsecured loans and credit card debt spread amongst several lenders, the benefits of a debt consolidation mortgage can be significant. However, the payment term is usually longer than a standard unsecured loan, so in the long run you may end up paying slightly more. Here are some other remortgage options to consider:
100%
125%
Capital raising
Apply for a debt consolidation remortgage with First Mortgage now
Call us on 0845 603 1525 for a no-obligation talk with one of our friendly and experienced team. We are happy to discuss your situation and help you choose the best option.
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First Mortgage, the UK’s specialists in sourcing mortgages, remortgages and protection plans, are actively encouraging clients in Scotland (...)
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