If you own your own home and have sufficient equity in your property, it may be possible for you to release some or all of the equity to settle you unsecured debts.
In most cases, it is possible to raise 85% or even 90% of the value of your property.
There are a large number of lenders involved in the remortgage industry and as such, lenders are constantly competing with each other to offer the best deals. It may be possible to remortgage your property at a better rate than your existing mortgage.
Any adverse credit information will be taken into consideration. Remortgages become less likely if you have serious arrears with your existing mortgage or any other existing loans secured on the property.
If a remortgage is your preferred option to resolve your debt problems then the IVA Help Centre will be glad to put you in touch with a specialist mortgage broker.
