Just wondered if anyone had any experiences with mortgages whilst on DMP?
Sadly a few weeks ago my gran passed away and i'm looking into buying her house from her (or rather the inheritors, my mum and 2 Aunties).
I already have a mortgage with the bank of scotland (with good record, never missed a payment) but im looking to borrow a bit more to purchase my grans house.
I should make a decent profit from the sale of mine (15-25k depending on value) but the house i want needs modernizing so i'd need that money for that.
My main question is, does anyone have any experience on getting money on an existing mortgage whilst on a DMP??
Sadly a few weeks ago my gran passed away and i'm looking into buying her house from her (or rather the inheritors, my mum and 2 Aunties).
I already have a mortgage with the bank of scotland (with good record, never missed a payment) but im looking to borrow a bit more to purchase my grans house.
I should make a decent profit from the sale of mine (15-25k depending on value) but the house i want needs modernizing so i'd need that money for that.
My main question is, does anyone have any experience on getting money on an existing mortgage whilst on a DMP??