Are you after a mortgage but currently in debt management plan (DMP)? Are you struggling to get a good mortgage deal or even a mortgage at all? We can put you in touch with a specialist, independent, whole of market, regulated mortgage broker (that was a mouthful right?!?!) that specialises in getting you a mortgage if you are currently in a Debt Management Plan (DMP).
Getting a good mortgage deal when should be straightforward? Unfortunately, as you are probably finding, it‘s not that straightforward! Mortgage lenders can be funny about applicants in debt management plans and can make you jump through hoops to get a good mortgage rate!
The good news is there are lots of mortgage lenders who are happy to help you and give you a great mortgage rate. Get a quote today by speaking to an advisor.
Unfortunately not all mortgage lenders will accept a mortgage application when you are in a debt management plan (DMP), however the expertise of a mortgage broker could be priceless as there are lenders who DO accept them! The difference between a standard mortgage variable rate of 4% and a new mortgage deal of 2% is £103.99 per month* that’s £1,247.88 per year or £31,197 over 25 years!
Whatever your situation, give us a call or submit your details for a callback.
*Illustrative example based on a borrowing amount of £100,000, over a term of 25 years.