As i dont know yr circumstances, it's rather difficult to say BECAUSE you have to be aware you are moving your unsecured borrowing to secure Did you use an advisor when for arranging the N&P mortgage? If so it would be best to meet them face to face and ask them to explain and quote you a couple of options Remember secured loans are 2nd mortgages and will incur legal/valuation fee to arrange and discharge, these fees will be added to the loan

Our mortgage company (Norwich & Peterborough) will not give us a further advance but Barclays with whom we have our current account will do.

What are your thoughts?

Mrs B The first thing to do is discuss the possibility of a further advance with yr existing mortgage lender, if no luck come back on here and post again........good luck

We have a mortgage outstanding balance of £230,000, property value £500,000, monthly mortgage payment £1220 (5yr fixed at 4.88%)

We also have 4 loans totalling £60,000 with monthly payments totalling £1200

We wish to reduce our monthly outgoings but seek advice on the best way to do this, do we:

- remortage borrowing an extra £60000 to pay off the loans but we would have to pay an early redemption fee of £11000

- get a secured loan for £60,000

- get a secured loan for £45000 to cover two of the bigger loans and continue to pay the other two loans as normal

Advice would be greatly appreciated.

Mrs B