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Pre-emptive mortgage panic
Comments
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ThePants999 wrote: »I don't think that's pertinent to what I said, or to the OP's question.
I already said, I don't disagree with what's been said in this thread. Yes, the OP's money management could clearly be better if they've wound up with significant debt on a large income, and are taking so long to pay it off. But the OP's question was a simple one - will a £3K credit card debt have an impact on their mortgage application? The answer is almost certainly no. Everything else is off topic.
but take into account the other bigger picture, use of overdraft, needing loans, management of credit available and utilisation of this, it is more than just x4.5 income multiplier.
Although it should be fine, the OP's credit history isn't exactly trouble free loans aside"It is prudent when shopping for something important, not to limit yourself to Pound land/Estate Agents"
G_M/ Bowlhead99 RIP0
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