Debt Consolidation Mortgage

Current Debt Consolidation Special Offers:

• €1000 towards your Legal Fees (Selected lenders. Terms & Conditions apply)
• Reduce your monthly outgoings significantly
• Get a No Obligation Debt Consolidation Quote or speak to a mortgage consultant on
  1890 44 66 44 (lines are open 8am - 8pm Monday to Thursday, 9am - 5pm Fridays, 11am - 4pm Sundays)

What is Debt Consolidation & How does it work?

Debt consolidation is the process of replacing multiple debts, including your loans, credit card balances and mortgage, with one easy to manage payment.

It's a pretty simple process. Simply add your mortgage balance to what you owe on your credit cards and your loans and then add any additional cashback you require.

Then visit the online mortgage application page and fill in a few basic income, loan and contact details. A mortgage adviser will contact you within 24 hours with some quotes.

If you want to go ahead with it, you'd sign an application form and return it with a few documents like payslips and your P60. The whole process can be completed within 15 working days. All your loans will be paid off for you, and you'll get a cheque with the cashback you requested.

PROS of Debt Consolidation:

• You'd have more money in your pocket every month.
• You can pay off your expensive loans
• Clear off your credit card balance
• Consolidate your loans and mortgage debts into one low monthly payment
• Reduce your monthly outgoings, often by 50% or more.
• Get a cheaper mortgage rate
• And raise extra cash back for almost any reason.

CONS of Debt Consolidation:

• If you consolidate all your loans over the full mortgage term, you would pay more in interest overall. However, you could opt for a 'split mortgage' and pay off your short term debts over a shorter period than the rest of the mortgage to avoid this.

Debt Consolidation is a quick process:

• We'll provisionally approve your application within 24 hours
• You can get your cheque within 3 weeks of submitting a signed application.
  

So what’s the next step?

To find out how much more disposable income you’d have every month though debt consolidation, fill in this enquiry request form or speak to a mortgage consultant on 1890 44 66 44 (lines are open 8am - 8pm Monday to Thursday, 9am - 5pm Fridays, 11am - 4pm Sundays) .  You are under no obligation.

Other Popular Articles:

• Buying a Home - Step by Step
• Mortgage Application Process
  
• Rates & Costs
• Do I Need a deposit?
  
• Which type of mortgage is best for me?
• How Much Can I Borrow?
• Would I Be Approved?
• Approval in Principle - Why it's so Important
• Online Mortgage Application
  

Mortgages Direct Ltd t/a Mortgages Direct is regulated by the Financial Regulator.