We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 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!
Mortgage after Debt Management?
Options
Hobbly21
Posts: 2 Newbie
Hi,
I've been in a debt management plan with the CCCS which will be finished in a few months and i will be debt free yay! I'm wondering whether i will be able to obtain a mortgage after having the DMP? does anyone know? i am hoping to save 10k by the end of the year, so this will go towards a deposit.
Thanks!
I've been in a debt management plan with the CCCS which will be finished in a few months and i will be debt free yay! I'm wondering whether i will be able to obtain a mortgage after having the DMP? does anyone know? i am hoping to save 10k by the end of the year, so this will go towards a deposit.
Thanks!
0
Comments
-
You may need to wait a little longer.
Saving with a lender will help you.0 -
Thanks, early days but just wanted to know if it is an option.0
-
Building a savings history with Nationwide's Save to Buy scheme for example. Would demonstrate that you've learnt the lesson. Paying a mortgage month in month out for 25 years requires discipline. That's what the lender needs to be convinced of.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.6K Spending & Discounts
- 244K Work, Benefits & Business
- 598.9K Mortgages, Homes & Bills
- 176.9K Life & Family
- 257.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards