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Mortgage applications - stating how much the current bills are
papermoney
Posts: 583 Forumite
(I also posted in house buying but im not sure if this is better here - so apologies for the double posting)
Why do you put current bills down? I assume it is so they can see how much as a couple/family/person you spend on gas/electricity/water but what happens if the property you want to buy is bigger and you think the usage may be more? Should you enter what you think the bills will be or just the actual amount you spend now?
Thanks
Why do you put current bills down? I assume it is so they can see how much as a couple/family/person you spend on gas/electricity/water but what happens if the property you want to buy is bigger and you think the usage may be more? Should you enter what you think the bills will be or just the actual amount you spend now?
Thanks
:rotfl:
0
Comments
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To guage affordability. Spending patterns differ household to household. As does income.0
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