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Mortgages/disability Living Allowance

friendly_ghost
Posts: 41 Forumite
Does anyone know which mortgage companies take Disability Living Allowance into account?
Irgent advice required PLEASE PLEASE
Irgent advice required PLEASE PLEASE
C'est la vie!
0
Comments
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There are several that could take this into account
Can you give any more information about your situation?I am a Mortgage AdviserYou 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.0 -
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!0
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