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Mortgage questions and debt management plans

stevus_uk · 2024-05-20 16:16:55

I've recently completed a debt management plan, paying off close to £65k over the last 5 years, and I've been looking at the possibility of a mortgage rather than continuing to pay rent. I'm 53, so time is not on my side. I've got approx. £10k deposit available right now, and I started looking at mortgage options, but I am…

Comments

Rob5342 Posts: 2,468 Forumite

21 May 2024 at 7:21AM edited 21 May 2024 at 9:12AM

You didn't keep up with the contractual payments so defaults are to be expected. The only chance you might have of having them removed is if you made and won and irresponsible lending complaint.

What ate the default date listed on your credit report? They defaults will all drop off 6 years after then anyway.

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