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Mortgage chances after dro for shared ownership
alan1502
Posts: 5 Forumite
Hi all my dro is about to finish and hopefully my debts will all be clear I'm looking at getting at the property market and have seen some homes that are shared ownership and 25% would be about 23k I was wondering what is the odds of getting a mortgage for that I'm hoping since it's not loads of money they will say yes but got a feeling it will be a no! I can raise a deposit for this no problems within a couple of months since I will be financially better off any advice in this would be greatly appreciated wether it be about the mortgage or how shared ownership works thanks alan
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Comments
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Before the DRO was done you would have been told that it would harm your credit rccord. So your chances of getting a mortgage are not good.RICHARD WEBSTER
As a retired conveyancing solicitor I believe the information given in the post to be useful assuming any properties concerned are in England/Wales but I accept no liability for it.0 -
I know the chances are not good but asking is it possible0
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