How your mortgage could help you get out of debt
If you're in debt and struggling with mortgage payments, remortgaging (changing your mortgage) can be an effective technique for either reducing your monthly mortgage repayments or using equity in your home to pay off a proportion or all of your debt.
Payplan can refer you to Payplan Financial Services, who are authorised and regulated by the Financial Services Authority as 'whole of market' mortgage brokers who can give you accurate, impartial and useful mortgage advice based on your circumstances.
The sooner you act, the better
How Payplan Financial Services could help:
- Remortgaging can reduce mortgage payments by simply swapping to a different lender on a better rate
- It may be possible to remortgage and release equity in your home to repay debts
- It may also be possible to consolidate certain loan payments into a new mortgage, to reduce your expenses even further
- Payplan Financial Services have access to all UK lenders and will search the 'whole of market'
What Payplan Financial Services offer Payplan clients:
- Fully qualified mortgage advisers
- No upfront fees
- Unlike other mortgage brokers, Payplan Financial Services have lots of experience in dealing with people in an Individual Voluntary Arrangement (IVA) or a Debt Management Plan (DMP)
- Qualified advisers will recommend the right mortgage for you and give full advice and a recommendation
- Qualified advisers have access to lenders' exclusive rates and benefits
- A one-off admin fee of £699 upon successful completion of the mortgage/remortgage. This fee can even be added into the mortgage amount loaned to you
Clients with poor credit history or County Court Judgments can find sympathetic mortgage advice and guidance at Payplan Financial Services. Whatever the nature of your financial difficulty, Payplan Financial Services will always take the time to talk through and advise on your specific circumstances.
It does not cost anything to receive this mortgage advice and Payplan Financial Services will only ever charge you a £699 administration fee. This fee is only payable upon successful completion of a mortgage.
Contact Payplan Financial Services free by telephone on 0800 280 2810 for an easy way to get mortgage advice from experienced professionals.
Keeping a roof over your head
Buying a home and taking out a mortgage represent a huge financial commitment, particularly when the market can appear unstable.
Making mortgage payments must be top of the list when it comes to prioritising bills and managing debt. To prevent repossession, your mortgage and any loans secured on your property should be paid in full and on time.
If you're seeking more specific advice concerning debt relating to property or your mortgage, click on the links below:
- Mortgage Arrears and House Repossession Advice
- Mortgage Arrears
- Negative Equity
- Mortgage Shortfalls
- Repossession Hearings
- Life Insurance
Contact Payplan Financial Services free by telephone on 0800 280 2810 for an easy way to get mortgage advice from experienced professionals.
THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
Payplan Limited introduce customers to Payplan Financial Services Limited, who are authorised and regulated by Financial Services Authority. FSA Register Number 302801.