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Mortgage after DAS
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Jeebo1986
Posts: 1 Newbie
Hi folks!
New to the board so thanks to anyone able to give advice. I am currently looking to sell my property with the view of renting for a short period of time then buying a brand new build with the governments help to buy scheme. I am lucky enough to have built up around £45000 worth of equity which I am looking to pay off around £20000 debt with once sold. The problem is I am currently in a debt arrangement scheme which I know affects my credit rating. Does anyone know how long your credit file is damaged for after a DAS. I have a good steady source of income working for the government but I am worried about having been in the scheme. I live in Scotland if that makes any difference
Thanks
New to the board so thanks to anyone able to give advice. I am currently looking to sell my property with the view of renting for a short period of time then buying a brand new build with the governments help to buy scheme. I am lucky enough to have built up around £45000 worth of equity which I am looking to pay off around £20000 debt with once sold. The problem is I am currently in a debt arrangement scheme which I know affects my credit rating. Does anyone know how long your credit file is damaged for after a DAS. I have a good steady source of income working for the government but I am worried about having been in the scheme. I live in Scotland if that makes any difference
Thanks
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