First Time Buyer -Credit Rating Advice Needed

complicity71

Hi There,

I've been renting privately for many years now, but have just taken the step of moving back in with my parents to save up a deposit to finally buy my own place.

I also have significant debts to clear down, which will be done in the next several months. I estimate I will have enough deposit saved in approx 2.5/3 years.

My question concerns my credit rating for when I do eventually apply for a mortgage. Obviously I have no utilities registered in my name at my parents' address. I do have my bank account, credit cards, mobile phone registered there, and am on the electoral roll.

Will this be a factor in my mortgage assessment? Should I try to take over responsibilty of one of my parents' household bills? They will be very resisitant to this, so I'd rather not, unless it is absolutely necessary!

Any help/advice appreciated.

Thanks,
CB

Senior_Paper_Monitor

No problem in my opinion (use and pay-off/reduce the credit cards - voters role vital)