A few quick questions R.E. AIP & Overdraft usage

allan_g

Hi all


First post on the forums, so please go easy ;-)


I wonder if anyone has any ideas they can share on the following (I appreciate that these questions might be best directed towards a broker but any ideas that people can share before I get to that stage would be appreciated)...


I read that some lenders will not approve an application if you have been utilising an overdraft in the last 3 to 6 months. Is there a list available online anywhere detailing those that will rule out an application on this basis? (and similarly does anyone have anecdotal advice for those where it is less of an issue)?


I have a £1500 overdraft and historically I have utilised the majority of this each month, but I am reducing this by £500 a month (will be clear at the end of May)


I just wanted to check before doing an AIP as I didn't want a potential credit check on my file if it would automatically appreciated.


Thanks
Al

suzieq

Not much advice to offer, but we regularly use out OD and have recently had an AIP from Halifax. Good luck!

amnblog

Be careful what you read Al.


Most of it carries less fact than the daily newspaper.