What is
it?
In short, debt consolidation means taking out a single loan to pay off other existing debts. It may be advisable to consolidate debt if you are paying off high interest credit card debt, store cards, an overdraft or loans.
By consolidating all of your debts you are then left with one, more manageable amount to pay each month – with a lower rate of interest.
Why would I consider debt consolidation?
To replace multiple loan and credit card payments with one, single low interest monthly payment.
Reduce your overall monthly commitments.
Reduce rates on high interest credit cards, store cards, overdrafts and loans.
Easier to manage and keep track of where you’re up to.
Reduce your payments without affecting your credit rating.
How do we consolidate your debts?
By comparing a wide range of options, our qualified mortgage advisers can recommend the right one for you based on your circumstances.
We start by looking at your monthly commitments and requirements to find the right solution for you.
Once we find the right avenue to take, we take care of all the paperwork and administration on your behalf.
EXPERT, UNBIASED ADVICE
Remortgaging could consolidate all of these different debts into one lower monthly payment.
While this could reduce monthly payments, it may mean you may more in the long term, so it’s essential to consult the right, professional advice.
Proud of
our ratings
Don't just take our word for it
We have a wealth of happy customers who can’t help but shout about our excellent services.
admin
Fantastic service and advice from start to finish. Took the stress out of the whole process and provided options we couldn’t have found alone. Would particularly like to thank Spencer who has been amazing for providing his personalised service, has a vast amount of knowledge and patience. Would recommend and will be using again in future.
13.02.2024
admin
I’ve been using Taylormade Finance since 2018, Ian is a fantastic advisor and will always manage to find the best deal around for whatever your circumstances may be! As a lifetime customer Ian will contact me if there is a change in markets that may affect me and advise best course of action - even managed to renegotiate at short notice this year and save me a couple hundred quid per month when rates fell. Excellent service, extremely competent team, they do all the work for you and that peace of mind is priceless!
13.02.2024
Need more information?
Still unsure about whether this is the right path to take? Speaking to one of our advisers is a great way to clear everything up and talk through the options available to you. We’re experts in our field and we really know our stuff.
Talk to us
If you're unsure and need some advice just give us a call, our expert team of advisers are available to help you choose the mortgage that is right for you.
By clicking on the above link you will be leaving the regulated site of TaylorMade Finance Ltd. TaylorMade Finance Ltd is not responsible for the accuracy of the information contained within the linked site.
TaylorMade Finance Ltd is authorised and regulated by the Financial Conduct Authority.
Complaints:
In the event that you wish to complain, you can contact us by email, telephone or letter.
Our address for this is:
Complaints Officer, TaylorMade Finance Ltd, 4 Church Road, Urmston, Manchester, M41 9BU. Our email address is info@taylormade-finance.co.uk and our telephone number is 0161 776 1089. We will then investigate the issues raised and inform you of our findings. Should you be unhappy with the resolution to your complaint you may contact the Financial Ombudsman Service, who can be contacted at the following address: Financial Ombudsman Service, Exchange Tower, London, E14 9SR.
Email: complaint.info@financial-ombudsman.org.uk
Phone: 0800 0234 567
Your mortgage will be secured against your property.
Your home may be repossessed if you do not keep up repayments on your mortgage.
Our fee for this service is 1.95% of the mortgage balance (minimum £1,295 to a maximum of £2,995 although reduced to maximum £1,995 without debt consolidation). Typically this will be £1,995.