I want to downsize and pay off my debts. Will i get another mortgage???

hlc1974

I have a house valued at £116k. I owe the Halifax £93k.
I have a debt repayment play with CCCS and owe £12k to my creditors. In order to meet the amount required by CCCS i have had to drop my mortgage onto interest only. My payments to everyone are up to date but obviously my credit rating is shot to pieces.
I want to sell my house and buy a flat for 90k max. and pay off my debts.
I thought about getting off the property ladder altogether but would rather not if i can avoid it.
Will the Halifax continue to let me have a mortgage?? Will anyone ??
Thanks
HLC

Thrugelmir

Selling and buying property will incur further costs.

Are you able to repay both the mortgage (on I\o) and the CCCS every month comfortably ?

dimbo61

You need to post a statement of affairs on the debt free board.
you will not get another mortgage if you sell your house and have a poor credit score and a debt repayment plan with CCCS.