Mortgage application credit limit increase

Mortgage2015

I've been sent a letter by Barclaycard initial that my credit limit is increasing from £1400 to £1800 on the 1st March.

My DIP with nationwide is on the 12th March.

Will accepting the credit limit increase be ok?


My credit limits are
Capital One: 1300
Barclaycard: 1400 or 1800 with increase

Will 1800 look better for a mortgage application?

Doctor_Duke

I doubt this would even show on your credit file that soon and even if it did I wouldn't thought it would be an issue for a small relative increase. Lenders are more interested in your outstanding debt, and recent searches for credit, rather than a small credit limit increase.

HappyMJ

Mortgage2015 wrote: »

I've been sent a letter by Barclaycard initial that my credit limit is increasing from £1400 to £1800 on the 1st March.

My DIP with nationwide is on the 2nd March.

Will accepting the credit limit increase be ok?


My credit limits are
Capital One: 1300
Barclaycard: 1400 or 1800 with increase

Will 1800 look better for a mortgage application?

It's so small an increase it won't make any difference at all.

If you had said Barclaycard was increasing my limit from £1,400 to £12,000 then you might have reason to be concerned but £400....forget about it. Accept the increase.