Mortgages | Leeds

Debt Consolidation

Re-mortgaging can offer an alternative for debt repayment. Other debts may carry higher interest rate changes or be based over shorter terms which can make them expensive and create financial pressure.

If the value of your home is greater then your current mortgage this creates equity which can be used to pay off other debts. This can help to ease financial pressure. Increasing the term over which the loan is repaid could, in some circumstances, increase the total cost of the debt.

Consolidating existing debts may increase the total cost and extend the repayment period. Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage.

A fee of £995 is payable to RA Mortgages Limited on completion of the mortgage

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Terms & Conditions

R A Mortgages Ltd is an appointed representative of Openwork Limited which is authorised and regulated by the Financial Services Authority.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

The guidance and/or advice contained within this website is subject to the UK regulatory regime and is thereforetargeted at consumers based in the UK.

R A Mortgages Ltd. The Grange, 5 Old Court, Burton Salmon, Leeds, LS25 5GZ | Phone 0800 077 6101