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Virgin Money - acceptance criteria
kierze
Posts: 26 Forumite
Hi,
Please can someone advise?
I am a first time buyer, and have started a mortgage application with Virgin Money. I have passed the credit check stage :j, and have now sent bank statements and wage slips to support the application. They have also booked in a surveyor to value the property tomorrow.
My bank statements show that I have dipped in to an agreed overdraft a few times. (mainly because My partner pays her half of the bills a few weeks after I pay them in full, bringing me back in to the black before the end of the month.)
My question is: Will this have a negative impact on my application?
Please can someone advise?
I am a first time buyer, and have started a mortgage application with Virgin Money. I have passed the credit check stage :j, and have now sent bank statements and wage slips to support the application. They have also booked in a surveyor to value the property tomorrow.
My bank statements show that I have dipped in to an agreed overdraft a few times. (mainly because My partner pays her half of the bills a few weeks after I pay them in full, bringing me back in to the black before the end of the month.)
My question is: Will this have a negative impact on my application?
0
Comments
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No, it's normal lending. They'd be very picky to has an issue with that0
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I would think it is a bit like using a credit card; authorised borrowing and if paid back on time just shows your ability to pay0
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Just received the mortgage offer! Happy days!!0
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