Bringing all my debts together to reduce monthly outgoings
Credit cards and store cards are amongst the most expensive forms of credit. Try to transfer to a 0% interest card to defer paying any interest before you move it to a mortgage. If you are unable to get a better deal and cannot pay the balance off every month then moving it to your mortgage may be a much cheaper option.

Transferring debt to your mortgage may reduce your monthly outgoings but falling house prices falling (summer 2008) and less equity in your home you could have to pay a higher rate of interest on the whole of your mortgage - call us for more information before taking this route As with all credit, do not fall behind with payments - the consequences of a poor credit rating will haunt you for 6 years!

It is possible to transfer debts to your mortgage, as long as there is equity in the property and the lender feels that you can afford a bigger mortgage. The benefits to you are much lower payments because the debt is being repaid over a longer period and the overall interest rate is usually less.

Before transferring a loan to your mortgage find out if there are any penalties for paying the loan off early. Many loans are charged in a way that interest is paid off before capital (typical of car loans). If you have paid all the interest and then transfer to your mortgage you're going to pay lots more interest all over again. You may have to accept this if it is essential that you reduce your monthly outgoings

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