Debt Solutions and Consolidation

Personal debt in the UK has exceeded £1trillion, increasing by £1 million every 4 minutes. With almost 300 people becoming insolvent every day. It has become increasingly clear that for many consumers the pressure of keeping up with a deteriorating personal financial situation by the expedient of being able to borrow more money to consolidate is no longer an option.

The need for effective advice in this area has never been more crucial. Consolidation of debt by taking out a secured loan or by remortgage may not be the most appropriate advice, particularly if there is any indication that the client is simply forestalling the inevitable and is likely to fall into arrears.

There may be many reasons why you should contact Orchard Property & Financial Services Ltd to find an adviser.

Have you fallen into mortgage arrears and have large Amounts of unsecured debt?

Facing repossession?

Coming to the end of a fixed rate mortgage, and realise that previous surplus funds are no longer adequate to cover unsecured debts?

Currently relying on drawing funds from credit cards to fund their living expenses?

Are you aware that some credit card limits are being automatically reduced?

Are you unable to source any sub-prime lending products?

Have you experienced a drop in house prices, and subsequently have less LTV available for re-finance

Do you have a mortgage offer that doesn’t fully cover your consolidation requirements?

See the below links for the right solution to your debts.

For Debt Management Plans

Individual Voluntary Arrangement (IVA)

Debt Solutions | Debt Management Plans | Individual Voluntary Arrangements

Your home may be repossessed if you do not keep up repayments on your mortgage.