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DMP remortgage
Distressed08
Posts: 8 Forumite
Good morning,
Please can someone point me in a positive direction?
We have been on a DMP since 2012 and have more than halved the original debt. My husband used to be self-employed but has been employed since 2015 and has now been offered promotion which would mean we would pass affordability quite easily. We have lived in our property for 24 years and would be looking at total indebtedness of around 65% if we managed to remortgage.
Is this an impossible dream? We would love to be able to wipe the slate clean and start again with our credit score.
Thank you for reading.
Please can someone point me in a positive direction?
We have been on a DMP since 2012 and have more than halved the original debt. My husband used to be self-employed but has been employed since 2015 and has now been offered promotion which would mean we would pass affordability quite easily. We have lived in our property for 24 years and would be looking at total indebtedness of around 65% if we managed to remortgage.
Is this an impossible dream? We would love to be able to wipe the slate clean and start again with our credit score.
Thank you for reading.
0
Comments
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Yes, this is possible, Speak to a good mortgage broker.I am a Mortgage Broker
You should note that this site doesn't check my status as a Mortgage Broker, 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 -
I agree with amn, there should be a few options and potentially at high street rates. But it is one for a broker definitely.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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Thanks for the speedy responses. I am currently talking to a broker, fingers crossed.0
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