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    • Conrad
    • By Conrad 26th Oct 07, 1:03 PM
    • 28,205 Posts
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    Conrad
    • #2
    • 26th Oct 07, 1:03 PM
    • #2
    • 26th Oct 07, 1:03 PM
    Yes it is possible, but of course subject to your fulfilling all the other criteria.

    If you have little deposit you may well struggle to obtain a mortgage with a DMP.

    The key factor driving the market is the new lack of appetite for risk. Investors that lend mortgage companies money are now wanting to take much less risk than they were. This has 2 effects; 1) Higher rates 2) Much tougher lending criteria.

    Give us a bit more info about your situation (deposit, house price, income, job status, age, etc)

    We'll all be living in caves if we're not governed by old Men in Brussels
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