Advice for remortgage/consolidation

Frodothedog

Hi all,
Just hoping one of you experts out there could help me out...

We're coming to the end of our 5 year fix with Accord, currently on 4.79%. The fix ends on 31 March 2011 and we will need to remortgage to avoid their SVR of 5.99%!

Only problem is...I have quite a bit of unsecured borrowing-
Personal loan of £15k, 3&1/2 years to run
3 credit cards all close to limit totalling 12k

Wife has personal loan of 11k.

So... The million dollar question is-
Should I ask Accord for additional loan on mortgage to pay off & close credit cards now?
Or try to get remortgage early next year with messy card balances in the hope I can release some equity & pay them off then?
Or ask my lovely bank if I can increase my personal loan to pay off & close cards and risk a big fat NO and a credit search so close to remortgage time?
Or... Any better ideas?

Checked credit files, all clean & green, just too much credit being used. Totally my fault I know, we knew we were maxing out when we bought the place in 2006, but took the plunge and went for it.

Few more details might help...
Joint earnings-65k
Purchased 05/2006 for 190k
Estate agents valued last week @ 200-210k
Current outstanding mortgage £163k

Many thanks in advance and a few :beer: for any help you can give

CloudCuckooLand

You would need most of your equity to get a decent remortgage, I would think.

Adding the debts to the mortgage, makes £201k = 100% LTV near-as-dammit = not going to happen.

Plus, any lender might disagree with the EA about the value...

An income of £65k sounds comfortable, but obviously isn't.

Get over to the debt-free wannabee board, post a Statement of Affairs and start making some dents in the debts.

In 5 months you could have made progress that puts things in a different light.

Frodothedog

Thanks for your quick reply!
Just to clarify, unless anyone can advise me otherwise, I was intending to leave personal loans as they are, just want rid of the credit cards i.e.12k.
65k joint salary SHOULD be comfortable, we had c/c debt when we took the mortgage originally and part of the debt is due to getting married 18 months ago, weddings seem to cost far more than most peoples' wildest dreams even though we did most of the stuff ourselves!

CloudCuckooLand

Adding just the credit cards to the mortgage, makes £175k. approx 87.5% LTV. Not going to get the best deals with that and the loans in the background.

Time to make a concerted effort...