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Tax Credits Repayment

I am currently paying £22.65 per month as I was overpaid on my tax credits quite a few years back.

I will be paying it until July 2022. Is this something that Nationwide will take into account when I come to apply for a new mortgage (if it is, I will try and pay the balance before I apply for the mortgage)?
Pink Sproglettes born 2008 and 2010
Mortgages (End 2017) - £180,235.03
(End 2021) - £131,215.25 DID IT!!!
(End 2022) - Target £116,213.81

Comments

  • betmunch
    betmunch Posts: 3,126 Forumite
    Yes theres a section where you put in any commitments, it would go in there as a £22.65 commitment each month
    I am a Mortgage Adviser
    You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    If you are looking to borrow an additional £100k to buy your brother out. Then an odd £23 should be easily serviceable.
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