re-mortgaging when on a dmp

brokebutsortingit

we've just started a debt management plan back in Oct.things were going swimmingly until my other half lost his job 2wks before our daughter was born.as a result cccs have done our income/expenditure summary and worked out we can pay £5 to each creditor on the basis of my reduced mat pay and oh's job seekers.
yesterday i got a phonecall from sainsburys about my loan.because payments since setting up the dmp have been less than the contractual payment they have said after 6 defaults they Will pass it to their solicitors but have said the fact we have set up a dmp Will go in our favour
what I'm worried about is when we come to the end of our 5yr fixed mortgage in 2014.I'm terrified that we won't be able to get a mortgage because of our credit rating. (prior to setting up the dmp i had a good rating but was surviving the month on additional credit)
any advise gratefully received.
cheers

HappyMJ

You won't get another mortgage but your mortgage will continue as it is on a variable rate.

brokebutsortingit

that's what i was worried about.
thanks for yr reply

_Andy_

HappyMJ wrote: »

You won't get another mortgage but your mortgage will continue as it is on a variable rate.

Not entirely true. The OP will still be able to select from the lender's current offerings if they wish to (e.g. a new fixed etc) as no credit checks will be done.
Or, as you say, they can stick to the SVR

kingstreet

I can't see you being able to change lenders. At the time you need to ask your lender about customer retention products you are eligible to transfer to. These are offered without additional status checks.