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Mortgage and overdraft
BTTW001
Posts: 4 Newbie
I’m about to apply for my first mortgage tomorrow, however I have a large overdraft if I pay this off am I more likely to get the mortgage?
0
Comments
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the use of the overdraft is often frowned upon by lenders as shows poor money management, it will impact on affordability. do you have any other debt?
Engage a broker to match you to a lender"It is prudent when shopping for something important, not to limit yourself to Pound land/Estate Agents"
G_M/ Bowlhead99 RIP0 -
Where's the deposit and related costs for the purchase coming from?0
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