Mortgage Offer - credit card outstanding

rking100uk

Hi,
Long time lurker here and finally got around to finding a house!
I have had an offer accepted of 170K for a house and have got a 42.5k deposit. My mortgage is with Natwest and today got a phone call to say that I had been offered the mortgage and they will be sending out paperwork to myself and solicitor today with the offer. My question is, at the moment I have 3600 outstanding on a 0% credit card (i have this money in an isa at the moment and it is on top of my house deposit). Anyway, i said i would pay this off to the mortgage company before the mortgage, but is there anything from stopping me from not paying it off untill the 0% offer ends in july next year?
I know its a bit sneaky, but will the mortgage company find out if i dont?
Thanks

dimbo61

What will you earn in interest over the next 9 months from £3600 in an ISA paying what 3/4/5% maybe £80/90 at most.
If you said you will clear the credir card then do it!

opinions4u

It depends on the conditions stated in the mortgage offer.

If it states that the debt must be cleared then the solicitor (and your honest self) has a duty to ensure that this happens.

If your solicitor asks for proof that the debt has been cleared and you cannot provide this he/she shouldn't allow completion of the mortgage.

rking100uk

Hi,

Yes i appreciate it may only be £90, but it will give me an extra £90 for doing nothing, or if i need some spare cash, i can do bits on the house without having to get a loan etc...

So will the mortgage company be able to find out? i.e. can they search to see what my debts are?or contact the credit card company?

Thanks

rking100uk

Hi,

Ok thanks very much for reply, answered my question