Ask the Specialist

Capital Fortune are asked to help clients on a daily basis, whether it be with a new purchase, remortgage, buy to let or something more unusual. We typically help clients with non-standard, unusual or complex situations and have created this section to allow you to ask our team of specialists any question you may have. Feel free to browse the list of questions and responses. Please note we provide information only in response to the questions posed and not advice. If you do seek advice then feel free to speak to one of our Advisers by calling 0207 710 0400 or send us an enquiry online and one of our Advisers will call you back.

10% deposit with a Debt management plan

on 26 April 2016.

I've seen a property for £87,000. I have a 10% deposit and I have been in debt management plan which will be finished in 16 months. I have no debts and earn £3200 per month. Can you get me a mortgage? Lee

Ask the Specialist response:

Dear Lee

Thanks for your enquiry.

We do successfully assist clients who are currently in a debt management plan, looking to put down as little as a 10% deposit. We work with lenders who take a positive approach to management plans, as long as all payments have been made and the plan has been in place for at least 2 years. 

We may also be able to help if the plan has been in place for less than 2 years, dependant on the rest of your circumstances.

If you wish to obtain an indication on whether we are able to assist you, given your specific circumstances, I'd recommend speaking to one of our Advisers on 02077100400 or send us an enquiry online and one of our Advisers will call you back.

Capital Fortune