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credit card/loan applying for a mortgage
owain01uk
Posts: 6 Forumite
Hi All,Just a quick question.I'm currently due to remortgage after my fixed term ends in dec,I currently own about 25% of my house which gives me a better rate than say 10-15%,I have some dept tho which is about 8,000 which i manage 3500 on credit card(0%) the rest on my overdraft which i hope to pay off in the next 6 months.
Will my dept go against my LTV if it's not secured on my house?
May be a daft question but any help much appreciated.
Will my dept go against my LTV if it's not secured on my house?
May be a daft question but any help much appreciated.
0
Comments
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No question is daft, it is not included on your loan to value calculation as it is unsecured...
Good luckI am a Mortgage Broker
You should note that this site doesn't check my status as a Mortgage Broker, so you need to take my word for it.This signature is here as I follow MSE's Mortgage Adviser code of conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0 -
Thanks alot for your help.:beer:0
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