My situation

honeybee50

Hi due to job loss in March and having to return to my substantive post within a local authority. The salary was considerably less and I was not able to continue paying off debts through a debt management plan.

I had to reduce my payments from £200.00 pm to £1.00 pm to each creditor. I also have a secured loan which i pay £177.72 pm, they gave me a 3 month payment holiday and reduced the monthly amount by 50%, this has now ended and full amount is to be paid this month. I have not defaulted on mortgage or loan.

I now have a new job which pays about £5000 more pa and I am looking to switch my mortgage in Nov. I currently have a fixed rate mortgage with santander.

I know I will have to pay a higher %, with whoever i go with but I was wondering if anyone knew of a mortgage lender that i could contact that basically won't rip me off because of my predicament

dimbo61

I doubt you will be able to remortgage with any other lender and you are on a debt management plan so your credit score is poor
what does your rate revert to at the end of the fix? that is what you are stuck with unless Santander can offer you a new deal