Mortgage with high debt

CNB123

Hello not an ideal situation but a bit of back story. We moved with 3 children in to a house that needed A LOT of work to make it habitable. In doing the works we have racked up around 65k debt between loans and credit cards. We have a decent wage between us of around £110k per annum so are managing with the debt although not ideal. 
We have made good money on the house in doing renovations and have around £250k equity. We would like to move due to space and around 100k more than our current property value. 
We would like to sell the house, pay off the current mortgage (about £198k) and then pay off the debt with the equity, put down a £110k deposit on the next house and have maybe 40k left for renovation of the next property. 
However due to our debt to income ratio we do not look favourable to lenders and were declined around 16 months ago. All lenders saying the debt is the issue and we are at our max lending as such. 
Is there any lenders or brokers who would be able to assist with his given that we would be totally debt free moving forward as have plenty of money to pay off the debt in the equity? The new mortgage would actually be around £600 less than we pay for our current mortgage and debts combined. 
We do have a plan of action to pay the debt down considerably in the next 18 months but with the children growing up we would rather action the move sooner if we could. 

ACG

Most experienced brokers should be able to do this. There are a couple of high street lenders I would expect to be open to it. You could try googling some local decent brokers (smaller firms are probably better than the large national ones for this kind of thing). 

CNB123

We are currently with Natwest and they did exactly this for us 6 years ago when we sold our first property ( although smaller debt of 15k at the time) however on speaking with them it didn't sound like they would process applications in the same way where the debt isn't taken in to account as it is being paid off. 

ACG

Thats interesting. 
Natwest have historically been my go to for applications like this. I did one similar in February which went through fine. I then tried another in March which they declined but that ended up with a different lender. 

No harm checking with natwest again if your preference is to stay with them and get a second opinion. They may have changed their stance recently, but I have not heard anything along those lines. 

CNB123

ACG said:

Thats interesting. 
Natwest have historically been my go to for applications like this. I did one similar in February which went through fine. I then tried another in March which they declined but that ended up with a different lender. 

No harm checking with natwest again if your preference is to stay with them and get a second opinion. They may have changed their stance recently, but I have not heard anything along those lines. 

They told us recently in order to speak to an advisor we had to pass the mortgage in principle with all debt detailed which I thought was odd. Do you think we would be better to try again with natwest via a broker? I seem to remember last time with our last sale we spoke with a natwest advisor who entered the debt details as zero because we were paying them off so assumed they could do the same again. I would definitely prefer to use a broker as they can speak with natwest more than us mere mortals can I believe? 

ACG

Im not sure how it works going direct, but as a broker, we have to enter the debt and then tick a box to say which will be cleared by completion. 

If you feel more comfotable with a broker, there is no harm. You would like to think the chances of success with a broker is higher. 

JustMe18

There are lenders, who would add condition to the offer that you will pay off your debt from the equity, we are buying like this right now. Ours is not that high, but around £20k of debts were added into the offer and we need to pay that 30 days after we complete.