Sigh. Back to Stressing. Credit Lark.

Abbymoo

Reet, something else to stress about.

OH swapped the car in September, the usual lease hire term running out and getting a new replacement.

We applied for the mortgage a month ago, but neither of us noticed they hadn't put the new agreement for the car on Experian at that point.

It's around 6k more than the old agreement was showing for, the new agreement only went on this last week.

We've had the formal mortgage offer, but now I'm worried if they credit check again they'll pull out due to the extra 6k or so on the car agreement as we're pretty much up to the limit of what we can afford to borrow. I know it's our fault for not checking Experian more thoroughly but I thought it just updated every month and we swapped the car in September so I just assumed it would've already gone on and been there when they credit checked the first time.

The actual payments are in fact £30 a month less than the old car.

Please tell me I'm stressing over nothing, but I have a horrible feeling I'm not

GMS

Did you tell the lender about the car finance?

The total balance owed is not too much of an issue. The lender will be more concerned with the monthly cost and if less it is unlikely to cause too many issues.

Abbymoo

GMS wrote: »

Did you tell the lender about the car finance?

The total balance owed is not too much of an issue. The lender will be more concerned with the monthly cost and if less it is unlikely to cause too many issues.

Yes we put all car payments and outgoings down, so we should be OK then by the sounds of it? Hope so. Just been worrying myself stupid that it'll go on 'total debt' or something rather than monthly cost.