Remortgaging for Debt Consolidation in 2021
Remortgaging for debt consolidation allowed some homeowners to move selected credit commitments into a larger mortgage during 2021. Mortgage borrowing costs were comparatively low for much of the year. However, transferring short-term debts to a mortgage did not automatically reduce the total cost. Borrowers still needed to consider: Available property equity The new loan-to-value Mortgage […]