quick question

little_library_lady

I have just started a DMP with StepChange. They've held off on adding my Santander overdraft to it until I get my new bank account set up complete. Just a thought though, so SC have agreed to add my Santander overdraft to my DMP - does it matter that my mortgage is with Santander also? If they wanted to could they add my overdraft to what's owed on my mortgage? :eek: (I'm thinking not but just want to double check) :cool:

Thanks for any help

sourcrates

little_library_lady wrote: »

I have just started a DMP with StepChange. They've held off on adding my Santander overdraft to it until I get my new bank account set up complete. Just a thought though, so SC have agreed to add my Santander overdraft to my DMP - does it matter that my mortgage is with Santander also? If they wanted to could they add my overdraft to what's owed on my mortgage? :eek: (I'm thinking not but just want to double check) :cool:

Thanks for any help

Hi,
I don't think it's possible to add an overdraught debt to a mortgage.

Once your DMP is up and running, there should be no problems, the OD will just be another debt to service.

little_library_lady

thank you so much for your speedy reply (and also for your help in my last post). Very much appreciated :T

Ellieseleven

I had an overdraft, credit cards, a loan and my mortgage with Santander. I still have my mortgage with them, this is treated totally separate and everything else was added to my DMP.


I haven't had any issues with the mortgage or the overdraft;)


Ellie x

little_library_lady

Thank you Ellie. You've put my mind at rest. x

another_casualty

I had a credit card with Santander , and a bank account .my mortgage is with Santander . I had an overdraft on my Barclays ac!!!!.
I still have Santander mortgage but once I started my dmp I closed my Barclays account and Santander Acct .
My overdraft and credit card was added to the debt .

[Deleted User]

I would be fairly sure that there would be repercussions for any bank who unilaterally decided to convert unsecured debts into secured debts.