Help advice please

Rubysmum_2

I hope someone can advise me. I recently married my new husband and we live in his property which we have put up for sale. We are both in full time employment and have approx £100K as a deposit for new property. We went to the Nationwide tday (where mortgage is currently) and applied for larger mortgage in both our names. I have debts outstanding from before we were married but these are being paid off monthly. We are looking to borrow £155K. At the moment it is being referred to the head office. Does anyone have any advice for me if we (I) are refused.

herbiesjp

Wait and see what they say first.

You could be worrying over nothing

Cannon_Fodder

"some debts" = vague. Might be ok, might not.

If you mean DMP or IVA, or CCJs and/or defaults, then probably = declined. Wait until your debts are cleared. With that deposit you could clear them quickly and still leave a decent Loan-To-Value...?

Putting it in his name only might be attempted, but is not likely to succeed due to the close financial relationship that you now enjoy through your marital status.