Reducing Monthly Outgoings by £800 with a Smarter Lending Solution

March 2026

Managing multiple debts can quickly become overwhelming, especially when monthly repayments begin to stack up. In this case, our clients were looking for a way to regain control of their finances, reduce their outgoings, and move forward with greater stability.

With the right approach and a carefully structured solution, we were able to help them do exactly that.

The challenge was clear:

The clients had built up several financial commitments that were becoming difficult to manage month to month. Their repayments were high, and the pressure on their finances was growing.

At the same time, their existing mortgage was on a fixed rate, meaning switching or remortgaging would have resulted in early repayment charges and potentially higher costs. They needed a way to improve their situation without disrupting what was already in place.

Our solution

After reviewing their circumstances, Simon and Claire arranged a £73,000 secured loan through Admiral Mortgages, designed to bring all their existing debts together into one single, structured payment.

The loan was set over a 21-year term, keeping monthly payments at a comfortable level. Importantly, the solution was built with the future in mind, allowing the clients to clear the loan when their current mortgage deal ends in 2029, avoiding additional charges.

Throughout the process, our advisers managed everything from start to finish, keeping the clients informed and ensuring the application progressed smoothly. The full process was completed in just 15 days.

Why This Matters

For many homeowners, the idea of changing their mortgage can feel like a big step, especially if they’re on a competitive rate. This type of solution provides an alternative allowing you to access additional funds and improve your financial position without changing your existing mortgage.

It’s about finding the right structure for your situation, rather than a one-size-fits-all approach.

The Outcome

The impact was immediate. The clients’ new monthly repayment came to £570, reducing their overall outgoings by around £800 per month. This not only eased financial pressure but also gave them a clear plan moving forward, with the option to review everything again when their mortgage deal comes to an end.

The clients were extremely pleased with both the outcome and the service, highlighting the speed, communication, and support they received throughout the process.

Why Choose TLP

At The Loan Partnership, we know that no two situations are the same. That’s why we take the time to understand your circumstances properly before recommending a solution.

Our team will guide you through the process from start to finish, handling everything behind the scenes and keeping you updated every step of the way. We work with a wide range of specialist lenders, which means we can often find options that aren’t available on the high street.