Opinions on potential mortgage application

ndf9876

Fair comment - and of course, completely understandable. What I want to ultimately avoid is another declined application, when with the right advice, the decline could be avoided. Even if it's just a case of saving more cash.

To be honest, if I found a broker that steered me in the right direction, they'd get my business. What I might do is ring a couple up, explain my situation and see what kind of guidance I get back.

I have pretty much zero experience in this area, so at this stage, honestly, any advice is golden - and to be clear, I am really grateful for all the comments given here.

ndf9876

davidwood123 wrote: »

''We're realistically going to be looking at a 92% mortgage based on a purchase price of £340k. I save a lot of money (£1300) every month - and I should say that using savings to repay the credit card is not an option at all (unless I want to find myself single again).''

Not sure I understand this. You earn and save the money.......it's yours! (unless your other half is matching the £1300 and thats the minimum you've both set yourselves)

OK, to clarify this a little. I've held the card for many years, I don't want her to be responsible for the bill I racked up. She doesn't match my savings at all - she earns far less than I do. I've set myself a target of whacking off between £300-£500 per month on that card, which is going to plan right now. I totally see your point, but we talked about it and I was pretty adamant that we save at a certain amount each month, and that she doesn't bear any responsibility over my debt.

That might paint the picture a little unfairly; she dumped in a lump sum of £5k she had in savings into our joint savings account.

If we had both enjoyed the use of the credit card then fine, I think I'd feel differently about it.