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Will restructuring mortgage on Affordable Home affect future mortgage applications?

Swift66 · 2015-05-23 15:40:42

Hello, I have decided to sell an apartment I bought on the Affrodable Housing Scheme. I’m currently renting elsewhere and am finding it very difficult to make the mortgage repayments and cover my rent while the property sells. I have to live elsewhere for work. If I restructure my mortgage payments with the council how…

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23-05-2015 4:40pm

#1

Swift66

Registered Users Posts: 139 ✭✭

Join Date: January 2009

Posts: 36

Hello,

I have decided to sell an apartment I bought on the Affrodable Housing Scheme. I’m currently renting elsewhere and am finding it very difficult to make the mortgage repayments and cover my rent while the property sells. I have to live elsewhere for work.

If I restructure my mortgage payments with the council how will this impact my credit rating for when trying to secure a mortgage in the future?

Thank you

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