Natwest mortgage referred to underwriters

kellysaxo

HI there my app has been referred to underwriters due to credit bureau data???
I am confused as I have up to date copies of experian and equifax and nothing showing apart from 1 late payment in jan 2012

anyone help?

Mortgage_Mark_2

Are you on the electoral roll?

kellysaxo

I am however there was a gap of around 2 months when I fell off due to not completing census this has now been rectified so have been on again for 2 months

Thrugelmir

Overdraft usage, unsecured debt?

Financial association with another party?

kellysaxo

Yes I have been using overdraft for the last 3 months and do have £19k unsecured lending which is what I am including in the remortgage

thanks

Thrugelmir

kellysaxo wrote: »

and do have £19k unsecured lending which is what I am including in the remortgage

thanks

That'll account for the referal.

kellysaxo

Do you think it will get declined?

Gonzo33

You can remortgage for debt consolidation up to 90% with Natwest. If it does get declined that won't be the only reason.

Thrugelmir

kellysaxo wrote: »

Do you think it will get declined?

Did you post elsewhere that in addition to clearing debt you are looking to borrow yet more. Maybe of a concern to an underwriter.

kellysaxo

Gonzo33 wrote: »

You can remortgage for debt consolidation up to 90% with Natwest. If it does get declined that won't be the only reason.

Well basically I owe £25k on mortgage with £22 debt con and was going to increase my mortgage for £8k for home improvements.

kellysaxo

Thrugelmir wrote: »

Did you post elsewhere that in addition to clearing debt you are looking to borrow yet more. Maybe of a concern to an underwriter.

I was going to request an extra £8k for home improvements but i can scrap that for the time being if it is going to affect my chances of remortgaging