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Would an underwriter question these direct debits?

Dolly123
Dolly123 Posts: 189 Forumite
edited 12 January 2018 at 11:31PM in Mortgages & endowments
We have one for £20.00 for 'Debit Finance' and one for £43.00 for '1st Central Finance'

They aren't anything dodgy my daughters swimming lessons and our car insurance just worried they might look a bit suspect?

Comments

  • amnblog
    amnblog Posts: 12,764 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 13 January 2018 at 3:49PM
    They may ask for clarification. You are allow to have swimming lessons and car insurance but the Lender may need to ensure this is not due to undisclosed debt.
    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.
  • kingstreet
    kingstreet Posts: 39,316 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    NatWest recently asked us about 1st Central.

    They were happy when we explained it was car insurance premiums.
    I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, 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. Please do not send PMs asking for one-to-one-advice, or representation.
  • Dolly123
    Dolly123 Posts: 189 Forumite
    Thats what I was thinking, ok cool we can explain what it is :)
This discussion has been closed.
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