Debt Consolidation Mortgage
This page is for guidance only and does not constitute regulated advice. For tailored personal advice, please contact us. Think carefully about securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage or other debt secured on it.
Struggling with multiple debts? A debt consolidation mortgage could be the answer. By combining your unsecured debts (debt not secured by your property), such as credit cards and loans, into a single, new mortgage, you can simplify your monthly outgoings and potentially lower your total repayments.
(While this may lead to lower monthly payments, you should consider longer-term costs and that it may not always reduce total interest paid.)
- We have access to 1,000s of specialist lenders (lenders who consider non-standard credit cases), which means we may be able to help you explore debt consolidation mortgage options, where suitable and subject to lender criteria.
- With over 35 years’ experience, we understand that some clients may face challenges with high street lenders; we work with specialist lenders in cases where eligibility allows.
- By consolidating your debts, we may even help you reduce your monthly outgoings and simplify your finances into one single payment.
Book a free mortgage consultation now
Think carefully about securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage or other debt secured on it.
Is a Debt Consolidation Mortgage Right for You?
When it comes to debt, most lenders have a strict view on who they consider a worthy borrower. They prefer to deal only with those who have a single debt with a low rate.
However, money and credit problems, including having multiple debts, can affect anybody at any time due to several reasons. Having just gone through one of the most turbulent and prolonged financial crises globally in modern times, it’s hardly surprising that a lot of people have been affected by the recession.
People can get into financial difficulties through absolutely no fault of their own, and even if they were not blameless, they would like the opportunities to sort things out. A debt consolidation mortgage could be an option to help achieve this.
Why Choose Us?
Consolidating your debts with a mortgage can feel like a complex journey, but you don’t have to navigate it alone. We offer a tailored approach, understanding that every financial situation is unique. Our expertise lies in working with a wide range of specialist lenders who look beyond a generic credit score and assess your application on an individual basis.
Unlike some High Street lenders who may have a rigid view of who they’ll lend to, we can help you find lenders who are more flexible and willing to work with homeowners with multiple debts. Our goal is to find you a solution that not only simplifies your outgoings but also provides a more manageable, long-term financial path. We’re here to help you get the opportunity to sort things out and take control of your finances.
Book a free mortgage consultation now
Think carefully about securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage or other debt secured on it.
Frequently Asked Questions
How could consolidating my debts into a mortgage affect my monthly budget?
By combining multiple unsecured debts, you could simplify your finances into one single monthly payment. This new payment may be lower than the combined total of your previous outgoings, potentially freeing up cash flow and making your budget easier to manage.
What are the potential risks of using a mortgage to consolidate debt?
The main risk is that you are converting unsecured debt (like credit cards) into a secured debt against your property. If you fail to keep up with your mortgage payments, your home could be at risk of repossession. It’s also important to consider that while monthly payments may be lower, you may end up paying more interest over the long term as the repayment period is extended.
What types of debt can I consolidate with a mortgage?
You can typically consolidate most types of unsecured debt, including balances on credit cards, personal loans, car finance, and overdrafts. It is important to note that it is generally not advisable to consolidate debts with a 0% interest rate.
Will I be eligible for a debt consolidation mortgage if I have a poor credit history?
Lenders will assess your application based on a number of factors, including your credit history. While having a less-than-perfect credit history can make it more challenging, there are specialist lenders who may be more willing to consider your application. We can help you navigate these options.
How is a debt consolidation mortgage different from a personal loan for debt consolidation?
A debt consolidation mortgage is secured against your home, typically offering a lower interest rate and a longer repayment term. A personal loan, on the other hand, is usually unsecured, has a higher interest rate, and a shorter repayment term. The key difference is that with a mortgage, your home is at risk if you don’t make the payments.
Is consolidating right for me?
This option may not be suitable if you have very high existing borrowing, little or no equity in your property, poor credit history, or other financial commitments. Eligibility will depend on your full financial profile and lender criteria.
What Our Clients Say
These are individual client experiences. Past performance is not a guarantee of future results. Your outcome may differ based on your circumstances.
Last Updated 23/10/2025
