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Re-mortgage
Often the obvious answer to an unsecured debt problem is a re-mortgage. As house prices have risen dramatically in recent years, the opportunity to release equity at lower rates of interest to repay very expensive credit and store card debt and reduce monthly payments can be highly attractive
However, you need to take into account the future trend of interest rates to ensure that your ongoing repayments are affordable.
You should always take expert advice and consider the risks of securitising unsecured debt on your home. As well as putting your home at further risk, your debts are now repayable over the life of your mortgage, say 25 years.
Always be wary of excessive fees and ask for a written quote.
For FREE confidential advice on the best solution for you call Accuma FREE on 08000 43 43 73 today.



