Yes — even if it’s ongoing. But the details matter.
Being in a Debt Management Plan (DMP) doesn’t rule you out of getting a mortgage — but it will affect which lenders will consider you and what kind of deal you’re likely to get.
Whether your DMP is active or settled, it’s all about proving affordability, control, and stability.
💬 What Is a DMP?
A DMP is an informal agreement with creditors to repay debts at an affordable rate. It’s usually set up through a charity or debt organisation and isn’t legally binding.
It does appear on your credit report — but it’s viewed more favourably than defaulting or going bankrupt.
🏠 Can I Get a Mortgage While Still in a DMP?
Yes — but options are more limited. You’ll likely need:
- A larger deposit (usually 15–25%)
- A specialist lender familiar with adverse credit
- Strong evidence of on-time payments to the DMP
- Stable income and low outgoings
✅ Can I Get a Mortgage After a DMP Has Ended?
Yes — and your chances improve if:
- The DMP ended more than 12 months ago
- You’ve had no new credit issues since
- Your credit score has started to recover
- You can show responsible borrowing behaviour
🧠 How Lenders View DMPs
🔵 Still in DMP: Some will lend, but rates may be higher
🟢 Settled DMP: Better chance of approval — especially after 1–2 years
Lenders will check:
- When it started and ended
- Payment history
- Whether it was self-managed or supported by a charity
- Overall affordability
📋 Tips to Improve Your Mortgage Chances
✅ Get a copy of your credit report
✅ Keep all DMP payments up to date
✅ Avoid taking on new credit
✅ Save as large a deposit as possible
✅ Work with a broker who knows DMP-friendly lenders
💬 You’re Not Alone — and You’re Not Unmortgageable
Plenty of people get mortgages while in or after a DMP. I’ll help you navigate your options, avoid dead ends, and get a deal that works for your situation.
✅ Honest advice tailored to your DMP status
✅ Access to specialist lenders
✅ Support through every step of the application