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Mortgage After A DMP

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Comments

  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Two years isn't sufficient enough time to pass for many lenders. The lenders you previously defaulted on may now be asking (rhetorically) how you've suddenly come by £70k as a deposit in the space of some 24 months.

    Your credit score is meaningless. It's your profile as a potential borrower that's holding you back. Time does and will heal. There's no short cuts though.
  • Dave_Ham
    Dave_Ham Posts: 6,045 Forumite
    Tenth Anniversary Combo Breaker
    Good work on the savings front and always nice to see an update

    There should be (unknown variables equal) a solution with near on high street rates.

    Have a chat with a broker formally.

    Best of luck
    I am a Mortgage Broker
    You should note that this site doesn't check my status as a Mortgage Broker, so you need to take my word for it.
    This signature is here as I follow MSE's Mortgage Adviser code of conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
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