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more money on mortgage advice needed
kerryi27
Posts: 169 Forumite
Hi,
I have just applied for 3k extra on my mortgage over the phone today. I am 400 pound overdrawn in my natwest current account and in my shared alliance and leicester ( with my husband) we are 700 pound overdrawn.
Will this affect my mortgage application.
I have 2500 in a savings account. Shall i run and get this out today and clear my overdrafts or does this not make any difference.
Thanks
I have just applied for 3k extra on my mortgage over the phone today. I am 400 pound overdrawn in my natwest current account and in my shared alliance and leicester ( with my husband) we are 700 pound overdrawn.
Will this affect my mortgage application.
I have 2500 in a savings account. Shall i run and get this out today and clear my overdrafts or does this not make any difference.
Thanks
0
Comments
-
It depends on what your lender asks in any application.
What will you be using the £3k for?
It does seem a bit silly paying high rates on an overdraft when you have savings to pay it off though.0 -
we are getting a conservatory, thats why we need savings as well as mortgage0
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