Loan affordability

Daisydoop

Hi, looking for advice. We are moving house next month and want to take out a loan for some work that needs doing to the house.
I have a better credit rating than my husband but I earn less. I also have a loan already which I just wanted to increase. The thing is that our new mortgage is more than half of my take home pay. The loan repayments would be about a quarter of my take home pay. Now the mortgage is joint with my husband as are all of our other expenses. Is this likely to be a 'no'? I have never so much as missed a payment on anything in my life so not worried at all about my credit rating.

Thanks

DCFC79

It's advised to leave any loan applications until you move.

Daisydoop

Yeah we will do of course.

DCFC79

Forgot to say it's good your not worried about your rating as lenders don't see it. Maybe try a joint loan.

Daisydoop

I also know that, I purposely didn't say score. What I meant was I have a perfect credit record.