Should I consolidate when I need to remortgage

Hi I am self employed with some credit card debts. My credit score is good and I am thinking of trying to consolidate my debts to reduce my outgoings.  The issue I have is that I need to remortgage to pay my ex out.
Should I consolidate first or remortgage?


  • eskbanker
    eskbanker Posts: 29,836
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    Consolidation is usually bad news, even if possible, because it's effectively additional available credit, but it's difficult to generalise as much will depend on the detail, so it's probably best to discuss your circumstances with one or more mortgage brokers.
  • born_again
    born_again Posts: 13,575
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    I would ask you mortgage broker. Assuming you are using one.

    But which ever you decide to do. Get rid of the cards to stop it building up again 👍

    Could also look at debt board & do statement of affairs. You will get good impartial advice.
    Life in the slow lane
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