IF YOU’RE CONSIDERING CONSOLIDATING DEBT AGAINST YOUR MAIN HOME, THEN PLEASE THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE OR ANY OTHER DEBT SECURED ON IT.
There will be an administration fee for processing your application. Our typical charge is 1.5% of the loan amount subject to a minimum of £1,500. This is paid in three stages of £750 on application, 50% of the balance paid on receipt of a full mortgage offer or equivalent and the rest on completion. On a £500,000 mortgage for example; £750 on application, £2,125 on offer and £2,125 on completion. Complex or commercial cases may incur a higher fee.
This website should not be construed as giving advice and is intended for guidance only. All content is subject to the UK regulatory regime and is therefore primarily targeted at consumers based in the UK. The Financial Conduct Authority (FCA) does not regulate some forms of tax advice, conveyancing, trusts, buy to let mortgages, commercial mortgages, bridging loans, non-UK mortgages, offshore mortgages or currency mortgages. Changes in the exchange rate may increase the sterling equivalent of your debt.
Any references to particular tax or treatment thereof are for indicative purposes only and these may change in the future. Your own tax treatment may be different and depends on your individual circumstances.
Our blog, case studies and market analyses reflect the personal views of the authors and do not necessarily represent the views or opinions of Enness. All comments are made in good faith and we do not accept liability for them. Older articles are available on this website; please bear in mind this means some of the information they contain may have become outdated.
Where we have quoted mortgage rates, the actual rate available will depend on your circumstances. Ask for a personalised illustration.