We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
DAS Effect on mortgage application
Options
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
-
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
-
Thanks mate I’ll do that now0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 350.8K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.5K Spending & Discounts
- 243.8K Work, Benefits & Business
- 598.7K Mortgages, Homes & Bills
- 176.8K Life & Family
- 257.1K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards