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Mortgage after Debt Arrangement Scheme
RosP_3
Posts: 11 Forumite
We are currently in Scotland and due to complete our DPP through the DAS. Has anyone obtained a mortgage once this is complete and if so where did you go?
We will have over 100k equity in our current house so a decent deposit . Not missed a mortgage payment since it started in 2013
We will have over 100k equity in our current house so a decent deposit . Not missed a mortgage payment since it started in 2013
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Comments
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I did some initial research for a customer who had one of these last year, it was very strange as some lendes were treating it the same as bankruptcy, it seemed that lenders generally did not have a clue what they were and had never had one come in. You probably need a broker who is going to put the time in as you could find there are a few questions and curve balls that crop up during the application and possibly even legal process.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.1
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Thank you. It's not insolvency so that's disappointing to hear. Hopefully there will be a broker out who could help!0
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