Case Study: Reducing Monthly Payments with 90% Debt Consolidation
Helping a Family Regain Financial Control
A family approached mortgage adviser Janet Hardy looking for a way to regain control of their finances after rising debt commitments began putting pressure on everyday life.
They wanted a simple and sustainable solution that would:
- Reduce their monthly outgoings
- Consolidate multiple debts into one payment
- Make household budgeting easier
- Create more financial stability for their family
Through a carefully structured debt consolidation mortgage, Janet helped the family reduce their monthly commitments by more than £1,800 per month.
The Challenge: High Debt Levels and Complex Income
The applicants had built up a range of unsecured debts over time, with multiple monthly repayments becoming increasingly difficult to manage.
Their situation included:
- Around £85,000 in unsecured debt
- High monthly credit commitments
- One applicant earning through a CIS (Construction Industry Scheme) contract
- Limited usable income for affordability calculations
- A requirement to borrow at 90% loan-to-value (LTV)
While the household income was strong overall, not every income stream could be fully considered by lenders. This made affordability more challenging than a standard mortgage application.
To make matters more difficult, many mortgage lenders restrict debt consolidation borrowing to 80% loan-to-value, significantly reducing the available options.
Finding a 90% LTV Debt Consolidation Solution
After reviewing the family’s circumstances in detail, Janet identified specialist lenders willing to consider:
- 90% LTV debt consolidation mortgages
- CIS contractor income
- Complex affordability cases
- Higher levels of unsecured debt consolidation
Rather than focusing purely on automated lending criteria, Janet packaged the case strategically to demonstrate the applicants’ overall affordability and long-term sustainability.
This tailored approach helped secure a solution that many mainstream lenders would have declined.
How Janet Hardy Structured the Case
To improve the chances of approval, Janet:
- Reviewed all income sources in detail
- Correctly assessed CIS income for affordability
- Analysed existing debts and monthly repayments
- Calculated realistic affordability based on usable income
- Identified lenders open to higher LTV debt consolidation
- Structured the application around lender criteria
- Managed the process from application through to completion
The Result: £1,800 Lower Monthly Commitments
The outcome brought a real sense of relief to the family, easing the immediate financial pressure they had been facing.
Results Achieved
- Around £85,000 of unsecured debt successfully brought together into one place
- Monthly outgoings reduced by over £1,800, creating breathing space in the household budget
- Multiple repayments simplified into a single, manageable monthly payment
- Improved day-to-day cash flow and greater confidence in managing finances
What once felt overwhelming and difficult to control is now far more manageable, giving the family a clearer path forward and peace of mind.
Key Takeaways from This Debt Consolidation Case Study
This case highlights several important points for homeowners considering debt consolidation:
- Debt consolidation above 80% loan-to-value may still be possible with the right lender
- CIS income can often be used successfully when assessed correctly
- Consolidating unsecured debts can dramatically reduce monthly commitments
- Different lenders assess affordability in very different ways
- Expert mortgage advice can improve access to specialist lending solutions
Creating Financial Breathing Space
For this family, the solution was about more than reducing payments.
Lower monthly commitments created greater financial stability, reduced stress levels, and gave them more freedom to focus on family life instead of ongoing financial pressure.
If you are struggling with multiple debts, high monthly repayments, or have been declined elsewhere, specialist mortgage advice could help you explore options that are not always available on the high street.
Need Advice on Debt Consolidation Mortgages?
Whether you are self-employed, paid through CIS, or looking to reduce monthly commitments, we can help you understand your options and find a solution tailored to your circumstances.
Important Information
Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage
Debt consolidation may increase the total amount you repay over the term of your mortgage and may extend the repayment period. It is important to consider the long-term impact as well as the short-term reduction in monthly payments.
This case study is provided for illustrative purposes only and does not constitute financial advice. Individual circumstances and lender criteria will vary.