Debt consolidation

Consolidating your debts on to your mortgage

Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage. NatWest mortgages are available to over 18s.

You could borrow money against your property to consolidate your debts

Mortgage debt consolidation acts as a single loan that lets you borrow money against your property and repay debts such as unsecured loans, credit cards and store cards.

You could either be an existing residential mortgage customer who wants to borrow more or, if you have your residential mortgage elsewhere, you could remortgage to us and borrow more. 

Things to consider when borrowing on your mortgage to consolidate debts

Borrowing on your mortgage to pay off your debts could help you achieve those financial goals you want, however it's important you consider the pros and cons carefully.


  • Reduce your monthly outgoings
  • Normally lower interest rate than unsecured finance
  • Help you budget more effectively
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Paying back over a longer time means you will likely pay more in interest

Securing debts against your property puts your home at risk if you were to miss payments

Reduces the equity in your property

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Understanding the full picture

Watch our quick video to help you to understand the cost of adding your debts on to your mortgage.


We've created this illustrative example to bring to life the cost impact of consolidating debts over a longer term:

Personal loan

  • £15,000 @ 7% over 5 years
  • Monthly payment = £297
  • Total interest = £2,821

Mortgage additional borrowing

  • £15,000 @ 4% over 15 years*
  • Monthly payment = £111
  • Total interest = £4,971

*Calculated at 4% for entire term

Consolidating debt may reduce your outgoings now, however you may pay more interest over your mortgage term.

Alternative options

There are other options when it comes to borrowing money. While you could borrow on your mortgage to consolidate your debts, a personal loan may help do the same thing. Weigh up the options and see which fits best.

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Struggling financially

We understand that sometime bills can pile up and it's difficult to make ends meet. If you’re financially struggling or have missed repayments on your current debts, adding them on to your mortgage might not be advisable. We’re here to support you and help you see what else you could do.

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Next steps...

  1. Please read this page so you can make an informed decision about using your mortgage for debt consolidation. 
  2. Speak to one of our qualified mortgage advisers if you decide you want to consolidate your debts on to your mortgage.
  3. Our mortgage advisers will:
    • guide you through the mortgage process
    • help you find the right mortgage
    • work out your monthly payments
    • complete your mortgage application

Call us now on: 0800 096 9527

Opening hours: Mon-Fri 8am-6pm, Sat 9am-4pm, Sun Closed. Excluding public holidays.

Relay UK: 18001 0800 096 9527