We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 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?

Worried_Girl
Posts: 91 Forumite

My situation is that my husband and I have been in a Debt Arrangement Scheme (DAS Scotland) for the last three years which is now complete.
What I need advice with is how long do we need to wait before having any chance of being accepted for a mortgage without extortionate interest rates? Also what percentage of a deposit would we need to be in a more favourable position?
Our combined salary is in the region of £70,000 per annum with no debts now that our plan is complete.
Any advice appreciated.
What I need advice with is how long do we need to wait before having any chance of being accepted for a mortgage without extortionate interest rates? Also what percentage of a deposit would we need to be in a more favourable position?
Our combined salary is in the region of £70,000 per annum with no debts now that our plan is complete.
Any advice appreciated.
0
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 351.8K Banking & Borrowing
- 253.4K Reduce Debt & Boost Income
- 454K Spending & Discounts
- 244.7K Work, Benefits & Business
- 600.2K Mortgages, Homes & Bills
- 177.3K Life & Family
- 258.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards