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moving house

We are desprate to move house but both me and my husbands credit ratings are really bad as we are both on a DMP also i no longer work only my husbands works full time now , we both worked full time when we first took out our morgage 10 years ago . We have never defaulted on our morgage always kept up to date . I would like to know what the chances are of us being able to move house so remorgaging with our current lender ? would our current lender do credit checks on us ?

Comments

  • susieanne
    susieanne Posts: 450
    Part of the Furniture 100 Posts Combo Breaker
    Forumite
    anybody ??
  • Gary123456790
    Gary123456790 Posts: 638
    Ninth Anniversary 500 Posts Combo Breaker
    Forumite
    Hi,

    A remortgage for a house move is a completely new application so would have fresh credit checks.

    It is likely you need to find a good local broker, but it may just be unlikely in your situation. If you want more specific advise, please tell us

    your mortgage amount
    house value
    new house price
    rough salary
    debts currently outstanding

    Thanks,

    Gary.
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