Debt consolidation - additional lending

When capital raising for the purpose of debt consolidation (either secured or unsecured debts) the following applies:

• Maximum LTV of 85%
• Maximum of £50,000 of unsecured debts can be consolidated onto the mortgage
• Maximum of 10 debts to be repaid (this can be a combination of both secured & unsecured)
• Unlimited secured debts (against any property, i.e. primary residence, buy to let, second home), providing the above max 10 debt rule is still not exceeded
• Not available when lending on interest only.
• Maximum age 70 at the end of the mortgage term