Have you had credit problems in the past and have a Debt Management Plan? This doesn’t always mean that you cant get a mortgage… Have a listen to the 60 second clip and if you need to know more get in touch via email hello@patrickjamessolutions.co.uk Your home may be repossessed if you do not keep up repayments on your mortgage.
hello and welcome to this 60-second snippet into the mortgage world and today’s subject is debt management plans. Specifically I’m talking about being in a debt management plan. Everyone has life events, the richest person in the world could lose their job tomorrow, the lenders don’t always treat you sympathetically. Some lenders will make sure that debt management plans just aren’t part of their criteria and now and in the future that’s not quite fair. Considering a debt management plan is you admitting that you’re trying to get your finances back in order and if you’ve done it, and you’ve done it well, well done there are lenders out there that can help you. you need to speak to someone who has access to these lenders and can look at your circumstances and tell you how that would fit your scenario