We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Want to do balance transfer but...

SR1
SR1 Posts: 147 Forumite
Looking for help, there's about £1000 on my husbands natwest card that I would like to somehow transfer to a 0%. I have £500 left Interest free to pay on my card however this is also natwest.we are hoping to move house in the next few weeks so don't think I should be applying for another card Incase my lender Runs another credit check on us. Is there any way around this ?

Comments

  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    the interest on 1,000 over a few weeks isn't going to be very much, so just wait until after you have moved.
    EU tariff on agricultual product 12.2%
    some dairy products 42.1% cloths 11.4%
    EU Clinical Trials Directive stops medical advances
  • geekonthepc
    geekonthepc Posts: 152 Forumite
    Just remember to alert the electoral roll as soon as you move so you don't risk any sceptical lenders when you go to apply after you've moved! :)
  • [Deleted User]
    [Deleted User] Posts: 2,175 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Name Dropper
    What credit checks are you still expecting to be done, if you're moving house in only a few weeks?
  • sfax
    sfax Posts: 1,154 Forumite
    I would apply before you move as you'll have a poor credit rating immediately after moving and may get rejected simply for not being on the electoral roll - it could take 6 months for all CRAs to show you at the new address and match the electoral roll and even then you'll be considered a greater risk than you are now because of moving house
  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    sfax wrote: »
    I would apply before you move as you'll have a poor credit rating immediately after moving and may get rejected simply for not being on the electoral roll - it could take 6 months for all CRAs to show you at the new address and match the electoral roll and even then you'll be considered a greater risk than you are now because of moving house


    madness to compromise a mortgage for a credit card
    EU tariff on agricultual product 12.2%
    some dairy products 42.1% cloths 11.4%
    EU Clinical Trials Directive stops medical advances
  • sfax
    sfax Posts: 1,154 Forumite
    CLAPTON wrote: »
    madness to compromise a mortgage for a credit card

    "moving in a few weeks" so credit check must already be done. Don't see any compromise unless the whole thing falls through, and even if it did, an extra search would make no odds to a mortgage app and a new credit agreement wouldn't appear immediately either.

    Silly to move into a new house and not be able to get a new BT credit card to shift new purchases onto and spread the cost over 2 years at 0% interest, all because you didn't plan ahead
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 355K Banking & Borrowing
  • 254.6K Reduce Debt & Boost Income
  • 455.7K Spending & Discounts
  • 247.8K Work, Benefits & Business
  • 604.9K Mortgages, Homes & Bills
  • 178.7K Life & Family
  • 262.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.