Hi,
My OH & I are hoping to buy our first house soon. We're not on a high income and so we've been working hard on clearing our debt. I don't think we have a huge amount of debt but since we don't earn a lot we want to improve our chances of being accepted and being able to borrow a reasonable amount.

We currently have £1,200 on a credit card which we've got down from over 3k in the last 6 months. We've gone back to paying just over minimum payments on this as the remaining balance is at 0% for another year.

My OH has an overdraft from his uni days - now down to £1,800, which he pays £30 each month in interest & fees. This is his main account which his wage is paid into..therefore he's 'living in' his overdraft each month.

My question is - since he's currently only paying interest & rarely paying any of the actual debt off we were considering him applying for a 0% money transfer. That way he wouldn't always be in his overdraft and payments would actually be paying off the debt - is this the best way to go about this? Would an application for credit negatively effect a mortgage application & if so how long should we wait after before applying for a mortgage?

Thanks in advance!