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Mortgages/disability Living Allowance

friendly_ghost
friendly_ghost Posts: 41 Forumite
in Mortgages & endowments
Does anyone know which mortgage companies take Disability Living Allowance into account?
Irgent advice required PLEASE PLEASE
C'est la vie!

Comments

  • herbiesjp
    herbiesjp Posts: 8,499 Forumite
    There are several that could take this into account

    Can you give any more information about your situation?
    I am a Mortgage Adviser
    You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • friendly_ghost
    friendly_ghost Posts: 41 Forumite
    Thank you. I am 61 and currently receive state pension, pension credit, highest rate mobility and medium rate personal care.

    I am moving to be closer to my surrogate family because I can't manage the drive any more. I would love to clear my mortgage but can only afford a flat to do this and they won't allow me to keep my dog, so that's out of the question. My current mortgage is £10k with C&G and they have quoted me for my new mortgage of £25k (extra needed because of moving costs, location and renovations) but I notice when I do a mortgage comparison check they don't seem very competitive. My estate agent's broker checked her limited range of companies but said they wouldn't consider me as I currently get mortgage relief on £10,000 interest only. What I would like is a fixed rate split mortgage with £17k interest only and £8k repayment over 13 years.

    Any ideas would be greatly appreciated.
    C'est la vie!
This discussion has been closed.
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