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!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Opening another bank account - Effect on mortgage application?
kingmunkey
Posts: 2 Newbie
Hi
I'll make this brief
I currently have a first direct current account, with a regular saver account (6%AER)
However, I'm looking at also opening a santander account to make the most of their 3% interest on current account balances, before then putting the monies in an ISA.
My concern is that, as I'm looking to secure a mortgage by the end of the year (hopefully), it will have a negative impact on my credit score
Is this an issue or not?
I'll make this brief
I currently have a first direct current account, with a regular saver account (6%AER)
However, I'm looking at also opening a santander account to make the most of their 3% interest on current account balances, before then putting the monies in an ISA.
My concern is that, as I'm looking to secure a mortgage by the end of the year (hopefully), it will have a negative impact on my credit score
Is this an issue or not?
0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354K Banking & Borrowing
- 254.3K Reduce Debt & Boost Income
- 455.2K Spending & Discounts
- 247K Work, Benefits & Business
- 603.6K Mortgages, Homes & Bills
- 178.3K Life & Family
- 261.1K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards