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Will a new monthly direct debit affect my mortgage offer?

Hello all,

I have a mortgage offer and am just waiting for the chain to move along in order to complete on my first house. I currently pay £17 per month for my internet which was taken into account when dealing with the lender, but I am looking to cancel that and start on a £30-£38 per month package. My question is: will my finances be scrutinised again and will this negatively affect me or my offer in any way once it comes to the signing date?

Many thanks!

Comments

  • HappyMJ
    HappyMJ Posts: 21,115
    10,000 Posts Combo Breaker
    Forumite
    No it won't.

    They've allowed a certain amount for all of your living expenses. Your internet connection is part of that allowance no matter what you actually spend.
    :footie:
    :p Regular savers earn 6% interest (HSBC, First Direct, M&S) :p Loans cost 2.9% per year (Nationwide) = FREE money. :p
  • bobm3
    bobm3 Posts: 2 Newbie
    Great! Thank you the swift reply :)
  • David_White
    David_White Posts: 892
    Fourth Anniversary 500 Posts Combo Breaker
    Forumite
    Agreed.

    Won't be an issue, no need to even mention it.
    I am a Mortgage Broker
    You should note that this site doesn't check my status as a Mortgage Broker, 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.
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