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my friend is looking at doing a dmp but has a mortgage

thing is he a mortgage with Halifax an has a overdraft an loan with them would adding these to his dmp affect his mortgage

Comments

  • BlushingRose
    BlushingRose Posts: 1,621 Forumite
    edited 13 June 2012 at 1:11PM
    No, it shouldn't.
    We're on a DMP and had an overdrawn account and a loan with the same bank. The mortgage hasn't been affected at all.
    Our LBM: Dec 2011. DMP started: Jan 2012. Debt at LBM: £41,568

    Oct 2012 = Current debt: £40,548.93
    Oct 2013 = Current debt: £39.054.70


    DMP Support number 424 - Long haul number 308
  • vercres
    vercres Posts: 26 Forumite
    Thank you for your fast reply
  • BlushingRose
    BlushingRose Posts: 1,621 Forumite
    No worries.

    Why not suggest to your friend that he contact one of the debt charities and have a chat with them?
    Our LBM: Dec 2011. DMP started: Jan 2012. Debt at LBM: £41,568

    Oct 2012 = Current debt: £40,548.93
    Oct 2013 = Current debt: £39.054.70


    DMP Support number 424 - Long haul number 308
  • vercres
    vercres Posts: 26 Forumite
    He is going to use cccs as I have used them an they were great for myself so I told him to use them
  • BlushingRose
    BlushingRose Posts: 1,621 Forumite
    good stuff
    Our LBM: Dec 2011. DMP started: Jan 2012. Debt at LBM: £41,568

    Oct 2012 = Current debt: £40,548.93
    Oct 2013 = Current debt: £39.054.70


    DMP Support number 424 - Long haul number 308
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