Settlement over several years - affect mortgage application in future?

[mayfire]

If we choose to settle and ask to pay the amount over a number of years, will this mean that for the repayment term we will be rejected from mortgage applications?

Eg. If we repay over 3 years, we will be rejected by mortgage lenders for that term because of the debt?

[DOT COM]

No not if your figures stack up i.e the affordability check that nearly all high street banks apply to mortgage lending. And if your already on a mortgage the affordability criteria does not apply the same way etc.

If we choose to settle and ask to pay the amount over a number of years, will this mean that for the repayment term we will be rejected from mortgage applications?

Eg. If we repay over 3 years, we will be rejected by mortgage lenders for that term because of the debt?