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    Debt consolidation remortgages

    Consolidating could cut monthly bills by £100s

    • Real-time mortgage quotes
    • We'll find your best deal for you
    • Quickly compare the mortgage market
    • Quote will not affect credit score

    Your home is at risk if you do not keep up repayments on a mortgage or other loan secured on it.

    experience a 5 star customer service

    Unsure which mortgage option is right for you?

    If you’re unsure which mortgage option is right for you – call today to speak with one of our mortgage experts or talk with us via our live mortgage advisor help chat.

    To speak to a mortgage advisor call 0800 029 1671
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    We’ve made getting the best mortgage deal fast and simple

    See why 1,000s of customers choose to Deal Direct

    • We compare the UK mortgage market for you
    • Our mortgage advisors are with you every step of the way
    • We’ve helped thousands of happy customers get the right mortgage
    • Online, by phone or live chat – complete your mortgage your way

    What our customers say…

    Efficient & professional service

    From the first contact, we had enquiring about types of mortgages to the final contact receiving confirmation that the funds had been released, the advisors were knowledgeable and professional. Responses to all our queries were always quick & comprehensive. Great service.

    Jane R.
    5 Star via TrustPilot

    THINK CAREFULLY BEFORE SECURING A MORTGAGE OR OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER BORROWING SECURED ON IT. IF YOU ARE THINKING OF CONSOLIDATING EXISTING BORROWING, YOU SHOULD BE AWARE THAT YOU MAY BE EXTENDING THE TERMS OF THE BORROWING AND INCREASING THE TOTAL AMOUNT YOU REPAY.

    Deal Direct is a trading style of Deal Direct Financial Solutions Ltd, which is authorised and regulated by the Financial Conduct Authority for regulated mortgage and non-investment insurance contracts. Our FCA Number is 478726.

    Mortgages

    • Overall cost for comparison: Estimated to be 6.70% APRC
    • Completion fees: Subject to circumstances, typically £198 upfront and £799 on completion
    • Complex cases: If your circumstances involve adverse credit, complex situations, debt consolidation, or commercial elements, fees may increase to a maximum of £2,693 with £198 payable upfront upon application
    • Fee structure: Fees are per application basis. Subsequent applications or amendments incur a separate £99 application fee

    We do not charge a broker fee for Product Transfers. A product fee may be payable to your lender, subject to and the terms of your new mortgage arrangement. Deal Direct Financial receives commission for this service, which is paid directly by the lender.

    A product transfer only provides mortgage options from your current lender. Please note, re-mortgaging to another lender could potentially enable you to get a lower rate so please consider obtaining whole of market advice when reviewing your options.

    Secured Loans

    Representative example: Based on borrowing £20,000 over 60 months:

    • Interest Rate: 7.55% fixed for 60 months
    • Monthly instalments: £448.16
    • Fees: Broker fee (£2,000); Lender fee (£395)
    • Total amount payable: £27,014.60, comprised of loan amount (£22,395) and interest (£4,618.60), including broker and lender fees
    • Overall cost of comparison: 9.50% APRC
    • Loan terms: Minimum 36 months, maximum 360 months
    • Maximum APRC: 29%
    • Broker fee: Maximum 10% of net loan amount (maximum £4,995), payable upon completion and can be added to your loan

    Homeowner loans are secured against your property. We are a broker and arrange secured loans from a panel of lenders of which we receive commission upon completion.

    Your adviser will confirm all costs in writing prior to any application being made.

    Insurance

    £200,000 life cover at £9.67 per month

    Example based on a 37-year-old non-smoker taking a 25-year Level Term Life Insurance policy with fixed monthly premiums.

    Important Assumptions

    This quote is for illustrative purposes and assumes:

    • You are in good health with no adverse family medical history
    • You don’t regularly participate in hazardous sports or activities (more than once per month)
    • Your occupation is not classified as high risk
    • Premiums paid monthly by direct debit

    What’s Included

    £200,000 lump sum payment on death during the policy term
    Terminal illness cover (12-month prognosis)
    Fixed premiums for the full 25-year term
    No medical exam required for this coverage level (subject to health questions)

    Key Exclusions

    • Death resulting from excluded pre-existing conditions

    Please note: While we work with a comprehensive panel of insurers, not all insurers are displayed. Contact us for our complete panel list.

    Commission Disclosure

    The exact amount of commission we will receive is not known at this stage. We will confirm the actual amount to you as part of the lending illustration we are required to obtain from the lender.

    Our Services

    • We are not limited in the range of mortgages we will consider for you
    • We can offer advice on both first and second charge loans
    • We offer a comprehensive range of mortgages from across the market
    • Note: We do not offer deals that you can only obtain by going direct to a lender
    • While our lender panel is comprehensive, some lenders are not displayed – you can view a list of these on our website

    © 2025 Deal Direct Financial Solutions Ltd

    Deal Direct Financial Solutions Ltd Registered in England & Wales Company No. 05446793. Registered Address: Suite B 2nd Floor, 3500 Parkway, Solent Business Park, Whiteley, PO15 7AL.

    Debt consolidation remortgages - why choose Deal Direct?

    According to a recent TUC report, based on data released from the Office for National Statistics, average household debt currently sits at £11,800, which is the highest level since 2008.

    Figures show that around 26.5% of annual income is being spent by house holds on servicing on loans and credit cards. Many house-holds have said that should interest rates rise they may struggle to meet their outgoing financial commitments.

    With this is mind many are opting to consolidate their debt by remortgaging.

    Why remortgage to consolidate expensive loans and credit cards?

    Remortgage rates remain at record lows and many home-owners who owe money on higher rate credit cards and loans, are choosing to remortgage and combine debt into one lower rate month payment.

    House prices are rising in the UK which means equity levels are rising too.

    Those who have credit card and loan debt, in addition to mortgage payments, can release equity to combine everything into one lower interest rate under their mortgage. By consolidating all debts monthly outgoings can be lowered into a more manageable amount.

    The pros of a debt consolidation remortgage:

    • Remortgage rates offered are lower than those on a standard credit card or loan.
    • It’s easier to budget one consolidated payment each month.

    If you want to consolidate your debt now is a good time to do so, while rates are set low. To get the most competitive rate available to keep your payments low, you are advised to search through every lenders’ range market wide.

    UK market remortgage search

    There are over 100 mortgage lenders in the UK. Each has a range of fixed rate and variable remortgage products with rates, fees, criteria and LTVs set at varying levels.

    There are hundreds and hundreds of re-mortgage products available in the market at any one time. This situation is further complicated by the fact that lenders continually update their ranges by new launching new deals and withdrawing product.

    With so many lenders and products to choose from it’s virtually impossible to search the market alone.

    For help remortgaging, call an impartial adviser at Deal Direct on 0800 029 1671. We specialise in debt consolidation remortgages.

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    Why choose Deal Direct for your remortgage?

    Failure to enlist the services of a mortgage adviser can mean missing out on the most competitive offer. At Deal Direct we can help you to both increase your mortgage size to consolidate debt and switch to a lower rate offer than you are currently on.

    In doing this we can help you to borrow more on your mortgage while keeping your monthly mortgage payment at current levels.

    • We have vast experience sourcing debt consolidation remortgages.
    • We have help many home-owners to reduce their monthly outgoings.
    • We work in your interest and solely on your behalf and not on behalf of the lender.
    • Our advice is based on your financial needs.
    • We search the market and review a comprehensive range of lenders’ remortgage options for the right deal.

    NOTE:
    Debt consolidation is not always the most suitable option. Consolidating debts must be carefully considered. It will usually mean more interest over a longer repayment term, and there may also be early repayment penalties on your current mortgage. You should therefore think very carefully before securing other debts against your home.

    There are other ways to manage debt such as free debt advice charities, you can find out more by contacting the Money Advice Service - these services may be more suitable for you.

    For advice and a low rate quote call 0800 029 1671.

    Get Best Quote ›

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