If you need to borrow a further amount, it will also be necessary to consider the best way to achieve this. In some cases, a re-mortgage would be the best option, or it may be that other options would work out cheaper.
Additional borrowing is known as capital raising, and most lenders have restrictions on how much they will lend, and for what purpose. If it is for debt consolidation, care must be taken to ensure the benefits and drawbacks are understood. Speak to us before taking any decision.
We will ensure you know the facts, and get the best solution.
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As a mortgage is secured against your home, it could be repossessed if you do not keep up the mortgage repayments.
Think carefully before securing other debts against your home. Your property may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it.
For mortgages there will be a fee of usually £100, and we will also receive a payment from the lender.
For Commercial Loans we act as introducers only. The FCA does not regulate Commercial Loans.
The FCA does not regulate loans and some forms of Buy to let mortgages