Hi everyone, looking for abit of advice from someone who may be knowledgable or done this before.
We have a second charge on our mortgage, we’re tninking of applying to nationwide to borrow more and pay it off as the interest rate is much lower HOWEVER they have told us this would be classed as debt consolidation. Or credit score is currently perfect and we can’t really risk it not being the case, does anyone know how doing this will impact our credit score long term as nobody seems to be able to give me any sort of answer. Thanks for help!!