How can you release equity and why would you want to!? Find out how to make releasing equity work for you, whether it's to clear credit card debt, reduce monthly outgoings or to secure immediate funds at lower rates.

The cheapest form of borrowing which is most commonly offering the lowest rates is, generally, remortgaging. Why pay 12% on credit card debts when you could be paying 5% borrowing from your bricks and mortar bank - it’s the friendliest bank you know!

Secured homeowner loans, or second charge mortgages as they are sometimes known, are personal loans that are secured by a second charge on a property with an existing mortgage. (The national level of remortgaging has risen sixfold over the last five years, according to figures from the Council of Mortgage Lenders)

Concerned about taking out a loan over the term of your mortgage?

There are plenty of mortgages where you can borrow £10,000 for a new car etc., and pay back over a 2,3, 5 year or whatever term you require. Such plans also have the flexibility to increase or decrease the term without being penalised.

Get the Right Advice
You could be turning short term debt into long term debt and you could be potentialy turning unsecured debt into secured debt. Getting the right advice is essential.

Can you reduce your monthly commitments? Find out now.
Call one of our team on 08704 28 28 29* for a free review. We'll search through over 4,500 mortgage products from 150 lenders to provide a valuable comparison.

Debt Consolidation & Equity Release: You could be turning short term debt into long term debt and you could be potentialy turning unsecured debt into secured debt. 

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