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Remortgage a good idea??

edited 30 November -1 at 1:00AM in Mortgages & Endowments
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janepb_2janepb_2 Forumite
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Part of the Furniture Combo Breaker
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edited 30 November -1 at 1:00AM in Mortgages & Endowments
We've been contacted by our bank to talk about remortgaging. We have about £30k o/s in unsecured credit and £95k mortgage. My partner is keen to do this but I'm not, we do have a lot of equity in our property but I don't want to add any more to the mortgage. Is remortgaging ever the right thing to do to consolidate debts????


  • ThrugelmirThrugelmir Forumite
    81.5K Posts
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Unlikely that your lender will consider consolidating debt into the mortgage.

    Who is your current lender. As unusual for them to be approaching you directly.
    It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong." — George Soros
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