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Is it possible... (DMP question)
LittleL_4
Posts: 714 Forumite
Hi,
I was wondering if I am on a DMP and my O/H and I went for a mortgage (but obviously use his salary to finance it) can we still have it taken out in joint names?
I have an appointment with cccs on the 18th so I may be going down this route, please help!
L
xx
I was wondering if I am on a DMP and my O/H and I went for a mortgage (but obviously use his salary to finance it) can we still have it taken out in joint names?
I have an appointment with cccs on the 18th so I may be going down this route, please help!
L
xx
Debt 28/12/06 £26,467
£20 grocery challenge per week
Savings £400
£2 coins - £8.00
DMP £357 pcm (CCCs) commenced 1/10/06
DFD :think: proud to be dealing with my debts
£20 grocery challenge per week
Savings £400
£2 coins - £8.00
DMP £357 pcm (CCCs) commenced 1/10/06
DFD :think: proud to be dealing with my debts
0
Comments
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I bumping this to see if anyone can help. Thanks!
xxDebt 28/12/06 £26,467
£20 grocery challenge per week
Savings £400
£2 coins - £8.00
DMP £357 pcm (CCCs) commenced 1/10/06
DFD :think: proud to be dealing with my debts0 -
Wonder Girl is really the one to ask but I did read that under the terms of a DMP you are allowed to get a mortgage! I think!
All other forms of credit are barred though! However if you were to get a mortgage in your name aswell your credit rating more than likely wouldn't be favourable to the outcome! :think:0 -
Wonder Girl SS
Is it better to aim for the stars and hit a tree or aim for a tree and land in its branches :think:Loves being a Wonderbra friend :kisses3:
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southernscouser wrote:Thats what I said!
Flippin isnt :rolleyes:Is it better to aim for the stars and hit a tree or aim for a tree and land in its branches :think:Loves being a Wonderbra friend :kisses3:
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You called?All comments and advice given is my own opinion and does not represent the views or advice of any debt advice organisation.
DFW Nerd #1320 -
Getting/swapping a mortgage is fine, in fact if you wait till you have spoken to us we will refer you to an independent mortgage company we use.
Your DMP states no further consumer credit, a mortgage is “good” debt(if there is such a thing) and won’t make that much of a difference to your budget as any rent you already pay will be balanced out with the re mortgage payment, you will might even find that your outgoings are less with the mortgage repayment.
WG xxAll comments and advice given is my own opinion and does not represent the views or advice of any debt advice organisation.
DFW Nerd #1320 -
Aw thanks hun, always to the rescue.............
L
xxDebt 28/12/06 £26,467
£20 grocery challenge per week
Savings £400
£2 coins - £8.00
DMP £357 pcm (CCCs) commenced 1/10/06
DFD :think: proud to be dealing with my debts0
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