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DMP and Remortgaging

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Hi - think i've been a bit stoopid!

I'm in a DMP with Payplan and have been since Sept 2006. My partner and I bought our house in June 2006, I was pregnant when we bought the house, but soon realised that i couldn't juggle all the debts i had, so a DMP (for myself only) seemed the best route to get us some breathing space.

Anyway, 2 years down the line, our fixed rate has come to an end (in June of this year), and our monthly payment has gone from £620 per month to £900 per month.

We've been managing all the payments, but it's getting harder and harder. I'm assuming remortgaging in the current climate is a no-no! Partners credit history is fine, it's just mine that's shot to pieces with the DMP. Our LTV is about 85%.

Current credit crisis aside, has anyone ever managed to remortgage whilst on a DMP and who was it wish?

Oh how i wish we hadn't bought, and thrown my deposit money at the debts. But i guess we live and learn.

Thanks
1st 7lb off, 1st 7lb to go! 27/06/08
and about £20k to go to!!!

Comments

  • bintie22
    bintie22 Posts: 101 Forumite
    Oh, i've posted in wrong bit and don't know how to move it! Was meant to be in Debt Free Wanabee - i think
    1st 7lb off, 1st 7lb to go! 27/06/08
    and about £20k to go to!!!
  • deedee_3
    deedee_3 Posts: 891 Forumite
    Just copy it and then paste it in a new thread in DFW
    Namaste DeeDee x
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