Will I Qualify For A Remortgage?
Great opportunities exist for switching to a cheaper lender, provided you meet current lending criteria.
The criteria is typically as follows:
- Loan to value up to 90%
- You can release additional funds for home improvements
- Normal lending criteria apply in regard to security of employment, well managed current accounts.
You can also save money on cheaper mortgage protection- it's easy, very easy!
Warnings on Debt Consolidation
If you consolidate debt the new loan may take longer to pay off than previous loans.This means you may pay more than if you paid over a shorter term. Mortgage terms should be kept as short as possible, consistent with your repayment means.