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Paying off debt before mortgage
Summer12
Posts: 108 Forumite
Hi,
The sale of our property is about to go through and from which we intend to pay off all our debts. We then want to apply for a new mortgage with existing lender (Nationwide) for the new house we've found (will be in serviced apartment at this point). Should we delay and wait 30days after paying every thing off for credit report to update or will speaking to someone in branch to explain be ok. Darent do a DIP app rather just speak to someone but seems to be all computer based, was very different 12 years ago when we last did this! Thank you
The sale of our property is about to go through and from which we intend to pay off all our debts. We then want to apply for a new mortgage with existing lender (Nationwide) for the new house we've found (will be in serviced apartment at this point). Should we delay and wait 30days after paying every thing off for credit report to update or will speaking to someone in branch to explain be ok. Darent do a DIP app rather just speak to someone but seems to be all computer based, was very different 12 years ago when we last did this! Thank you
0
Comments
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Speak to a human being and explain the situation fully. You don't want to lose the house you've found. Nor pay rent any longer than you need to.0
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