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Debt Managment & Mortgages
ThommyBoy
Posts: 4 Newbie
Hi,
I'm in a debt management program and live in an ex-council concrete high rise. I would like to remortgage to pay of my debts and purchase a buy to let. Has anyone got any ideas on how difficult this will be?
I'm in a debt management program and live in an ex-council concrete high rise. I would like to remortgage to pay of my debts and purchase a buy to let. Has anyone got any ideas on how difficult this will be?
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Comments
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I would say very.
Is this spam as this post is very different to your other thread:
https://forums.moneysavingexpert.com/discussion/5449361Hi,
I'm thinking of moving in with my girlfriend. What would happening if I didn't tell the bank and rented out my flat?I am a Mortgage AdviserYou should note that this site doesn't check my status as a mortgage adviser, 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.0 -
No it's not spam, I have a number of ideas as to what I want to do so I'm just airing them.0
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Any ideas on which Banks I can approach?0
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Your going to need a broker.
I can think of maybe 3-4 lenders who will do the Debt Management plan, how many of those will lend on high rise and to capital raise for a BTL im not sure. Of those 3-4 only 1 will deal directly with the public.I am a Mortgage AdviserYou should note that this site doesn't check my status as a mortgage adviser, 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.0
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