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DAS Effect on mortgage application
Jsk88
Posts: 5 Forumite
Looking for any help with this at all please.
16 months ago I entered a debt arrangement scheme in scotland (debt around 28k)Fortunately I am going to be in a position to have this completely paid off in another 22 months.
A year after that I should have enough for a deposit to by my first home.
Does anybody know if the fact this will only be 4 years after entering the DAS will effect this? Would I be turned down on a mortgage due to entering the DAS?
Any info or advice would be much appreciated.
16 months ago I entered a debt arrangement scheme in scotland (debt around 28k)Fortunately I am going to be in a position to have this completely paid off in another 22 months.
A year after that I should have enough for a deposit to by my first home.
Does anybody know if the fact this will only be 4 years after entering the DAS will effect this? Would I be turned down on a mortgage due to entering the DAS?
Any info or advice would be much appreciated.
0
Comments
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You will be better off posting on the mortgage board as that's where brokers hang out.Mortgage started 2020, aiming to clear 31/12/2029.0
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Thanks mate I’ll do that now0
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