We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

can i move ?

mort1768
mort1768 Posts: 58 Forumite
in Debt-free wannabe
Been on a DMP since Jan 06 all nasty letters have stopped and all creditors appear to be ok with my payment plan. My question is however whislt on a DMP can i move house ????

My mortgage is 120k ish and the value of the house is the same, i am looking at moving to another place worth 120k but can i whilst on a DMP?

I have never ever missed any mortgage payments

Comments

  • southernscouser
    southernscouser Posts: 33,745 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    From what I've read I'm 99.9% certain that you can. :think:

    Wondergirl is the one to ask! Drop her a PM. I'm sure she won't mind! Just say SS sent you! ;):p
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    yes you can move whilst on a DMP but you may have difficulty getting a remortgage especially at a standard rate. if you haven't defaulted on your current mortgage in any way i suggest you try them first. do however consider the costs of moving house, solicitors fees, estate agent fees, moving men,mortgage arrangment fees plus any redecoration, repair or whatever in the new home.
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 353.5K Banking & Borrowing
  • 254.1K Reduce Debt & Boost Income
  • 455K Spending & Discounts
  • 246.6K Work, Benefits & Business
  • 602.9K Mortgages, Homes & Bills
  • 178.1K Life & Family
  • 260.6K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.
Update Your Picture