Consolidate Debts FAQ

How much can I consolidate for?
This will depend upon the valuation of your property.
In some circumstances this can be for as much as 125%
of the valuation.
What if some of my loans are secured?
As long as you have sufficient equity in your property
there will not be a problem. The new mortgage lender
will take over your current mortgage and secured loan
at the same time.
Can I consolidate all of my financial commitments?
Yes - as long as you have sufficient equity in your property.
If I remortgage, how will all the loans and credit cards be paid?
The new lender will arrange for your current mortgage to be paid off (redeemed) and will then usually issue you with a cheque for the extra money you are borrowing so that you can arrange direct with all the various companies how they are to be repaid.

Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage. There will be a fee for mortgage advice. The precise amount will depend upon your circumstances but we estimate that it will be approximately £995.

Your home may be repossessed if you do not keep up your repayments on a mortgage or debt secured on it.

Circle loans introduce all business to FSA registered companies and receive 50% of all fees charged.