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Can my independent mortgage broker Huddersfield still get a mortgage with debt management plan even if is unsatisfied?
If you’re looking for a mortgage and you’re using an independent mortgage broker Huddersfieldthe answer should be yes. Having debt management plan either unsatisfied or satisfied should still allow you to obtain your mortgage finance. However, all client’s individual circumstances are different and unique. It would be prudent to discuss your debt management plan with your independent mortgage broker Huddersfield when you’re looking for a mortgage with debt management plan.
Declare the debt management plan to your independent mortgage broker Huddersfield
If you are looking for a mortgage with debt management plan then you must without doubt declare the fact of its existence to your independent mortgage broker Huddersfield. The debt management plan is generally managed by a managing agent, companies such as Stepchange or Debtagency. The credit agencies that usually record the debt management plan would be Experian, Equifax and Call Credit, there are other credit report agencies but these are probably the three biggest agencies. Having a debt management plan registered against you is a serious financial matter.
Using your independent mortgage broker Huddersfield could save you time, effort and in most cases money
Having a debt management plan registered against you can really cause you a lot of problems when trying to apply for your new mortgage. It would in most cases be declined if you were to attempt to obtain a mortgage via the high street. Using an independent mortgage broker Huddersfield could save you the time of going from bank to bank explaining the situation to them, it will save you the stress of being declined because of the debt management plan, it will help in so many ways. When you’re looking for any kind of bad credit mortgage but especially when you have an outstanding or historic debt management plan it really is the better less stressful route to getting your bad credit mortgage by using an independent mortgage broker Huddersfield.
How long will the debt management plan remain on my Experian or Equifax credit report
The debts will stay on your report for six years, starting from the date they’re paid off or defaulted. A debt management plan means you’ll repay your debts more slowly, so your score may be negatively impacted for longer. This means no matter what kind of finance you are looking for; it will undoubtedly have a detrimental effect on your ability to obtain finance now or in the future. If you need any further clarification when you’re looking to apply for a bad credit mortgage especially with an outstanding debt management plan, speak with your independent mortgage broker Huddersfield.
Having a debt management plan or existing credit problems or historic bad credit shouldn’t prevent you looking for your bad credit mortgage
It goes without saying that if you have had past credit problems or you currently have a debt management plan or debt management plan it really can make it more difficult to get a mortgage, although that doesn’t mean it will be impossible for you to buy a home or remortgage your existing home with bad credit. Some lenders but much more important to be aware of some more specialist lenders beyond the big high-street names – can accommodate borrowers who have a poor credit history.
Types of borrowers that a specialist mortgage lender may be able to assist are:
- Foreign nationals
- Foreign visas such as:
- Tier 1 visa
- Tier 2 visa
- Spousal visa
- Student visa
- Section 106
- Right to Buy
- Ex-Pat mortgages
There are many other reasons why using a specialist mortgage lender may be the solution you may need. Speaking with your independent mortgage broker Huddersfield you can discuss your individual bad credit mortgage requirements.
Let your independent mortgage broker Huddersfield assist you in finding the best bad credit mortgage
Using your independent mortgage broker Huddersfield to assist you in finding your perfect bad credit mortgage pays dividends check out our testimonials page. We have an amazing history of supporting foreign nationals with a Tier 2 visa, spousal visa and expat mortgages deals.
Why Choose Independent mortgage brokers Huddersfield for adebt management plan Mortgages?
Choose Independent mortgage brokers Huddersfield– we really are your bad credit mortgage company
Here at Independent mortgage brokers Huddersfield we have a wealth of experience in all types of mortgages as well as adverse credit mortgages. Putting all of this together it simply means that if you have a debt management plan in your name, we’re the independent mortgage brokers Huddersfieldyou need to approach for your bad credit mortgage needs.
Having a debt management plan could cause you a problem when applying for your bad credit mortgage.
We pride ourselves on our bad credit mortgage process, service, and results. A debt management plan is without doubt a problem when you begin your search for your bad credit mortgage. Your options are severely limited, the chance of even obtaining the agreement from even a specialist lender can be very difficult. However, speaking with your independent mortgage broker Huddersfield and working with them. Using the help of our expert advisers, we will look to pre-underwrite your bad credit mortgage, we will also provide you with the support from your dedicated case manager. Using an independent mortgage broker Huddersfield will surely give you a better chance of securing your bad credit mortgage with a debt management plan either unsatisfied or satisfied. Please discuss your requirements with your independent mortgage brokerHuddersfield.[/vc_column_text][/vc_column][/vc_row][vc_row el_class=”seo-link-sec”][vc_column][vc_empty_space height=”50px”][vc_column_text][slick-slider category=”37″ design=”design-5″ speed=”2000″][/vc_column_text][/vc_column][/vc_row][vc_row el_class=”call-out-sec stretch-sec” css=”.vc_custom_1568018042545{background: rgba(0,0,0,0.88) url(http://tagsoftguru.com/dev/dev0/imb/wp-content/uploads/2018/07/counter-wrapper.jpg?id=1382) !important;background-position: center !important;background-repeat: no-repeat !important;background-size: cover !important;*background-color: rgb(0,0,0) !important;}”][vc_column][vc_column_text]
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