We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 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!
Planning to apply for mortgage - when to clear stoozing balances?
Options
shortcrust
Posts: 2,697 Forumite
I'm looking to get a mortgage next spring/summer. I've got a lot of stoozing going on and had vaguely planned to clear it at the start of 2016. I'm starting to wonder if I should sort it sooner. Any thoughts or advice?
0
Comments
-
Depends on the lender. Some you can say it will be cleared by the time you complete others will want it cleared and updated on your credit reports before you apply, most lenders fall in to the former though I think.I am a Mortgage AdviserYou 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.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.6K Spending & Discounts
- 244K Work, Benefits & Business
- 599K Mortgages, Homes & Bills
- 176.9K Life & Family
- 257.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards