Opening a Premium Bond / NS&I account during mortgage application

lestergun

Hi,

I'm in the early stages of a mortgage application and intend to gather the cash deposit that's currently sat in ten+ bank accounts and move them to a single account. I quite like the idea of putting it all into Premium Bonds during the mortgage process. Would the NS&I CRA identity search be visible to my lender? Or is it a soft search? I'd guess that it's probably unwise to open any new accounts at the moment - if anyone has any info (couldn't find the soft / hard search info on the NS&I website - just says 'identity search') then I'd be grateful to hear it.

And was unsure if this should be posted in here or in the Credit Reference sub-forum, so apologies should I have made an error.

Thanks

Lester

amnblog

Why move the cash when you are about to invest it into the property?

Leave it where it is.