Mortgages.

misstracyannjohnson

If my partner was to get a car on finance would this go against us applying for a mortgage?

holly_hobby

Yes it will be taken accout of, in that the monthly repayments will be offset against your partners income when they conduct their affordability assessment,.


Hope this helps

Holly

opinions4u

A well conducted loan on the credit record could improve the chances of actually getting a mortgage.

But a credit commitment will certainly be taken in to account when assessing affordability - loan in place = smaller mortgage available.