Mortgages – Debt Consolidation advice in Edinburgh
If you need to consolidate any of your secured or unsecured borrowing re-mortgaging can be a way of reducing your monthly outgoings. I can help individuals who, due to their circumstances, are finding it difficult to manage their existing borrowings. Within the UK mortgage market there are specialist lenders that are aware of this and cater for people with such needs. Although this option may reduce monthly outgoings, anybody consolidating debt onto their mortgage may pay back more over the long term, therefore this option should be considered carefully. Please contact me for further information and advice.
A mortgage is a loan secured against your home or property. Your home or property may be repossessed if you do not keep up repayments on your mortgage or any other debt secured on it.
Think carefully before securing other debts against your home.
You may have to pay an early repayment charge to your existing lender if you remortgage.
For establishing your needs, undertaking research and making a recommendation, we charge a fee of £295. Our fee becomes payable when we provide you with our recommendation and the mortgage goes ahead. We will also be paid commission from the lender for arranging the mortgage on your behalf.
The Financial Conduct Authority does not regulate most forms of buy to let mortgage.