Business & Finance

Remortgage

I have an illness which means I can't work as often as I used to. I don't want to lose my house, and I have lots of debts. Would it be a good idea to remortgage, consolidate the debts, and ask to go on Interest-only with the option of over-paying? I have only had my mortgage 2 years and so haven't really paid hardly anything off yet. But I have to sort my debts, especially if I am going to be earning less for the foreseeable future.

Scarlett Sun 13/03/05 18:32

<< Previous

Next >>

Subscribe to question

Post an Answer

Important Notice
The information provided by The AnswerBank does not constitute financial, investment or tax advice. You are advised to discuss your specific requirements with an independent financial advisor prior to entering into any binding contracts. The AnswerBank terms and conditions of use apply.

harper
Tue 15/03/05
09:53

I would highly recommend you try

http://www.nationaldebtline.co.uk. The service is free ,confidential and independent.There is also a telephone number 0808 808 4000

Best wishes and good luck.

Post an Answer

Submit the above question and answers

add to del.icio.us	add to digg	add to furl
add to reddit	add to Technorati	add to Blinklist
add to StumbleUpon	add to squidoo	add to ma.gnolia
add to Cocomment	add to Netscape	add to Fark