Debt

What should you do if you fall into arrears with your mortgage, or generally need help with your debts?

The below list features some of the people you can call to get help with debt.

• Citizens Advice Bureau - The CAB are a first port of call for many people. They may be able to give you advice on your options.
• Think Money - Think Money can provide you with help on mortgages, remortgages and debt.
• Gregory Pennington - Reputable debt management company who provide various debt solutions.
• Debt Advisers Direct - Debt Advisers Direct specialise in debt consolidation and debt management.
• Shelter - Shelter are a housing and homelessness charity.
• Your local council - Your local council may be able to help with housing and debt related problems.

Debt Consolidation

If you have loans, credit cards or store cards with different companies you can consolidate all these debts, making them much easier to pay off.

Benefits of a debt consolidation mortgage:

• Remortgage and release the cash tied up in your property
• Consolidate existing loans, credit cards & store cards
• One lower affordable amount to pay each month

If you have equity in your property you could remortgage and release cash to pay off existing debts. A debt consolidation mortgage can reduce your monthly outgoings without damaging your credit rating.

Click here to find out if you can get a debt consolidation mortgage.