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Remortgage
superM
Posts: 470 Forumite
Hi,
I have a mortgage with Precise and fixed rate will end 01/03/19. I will be applying for remortgage with another lender. I am thinking of Skipton.
House value 275k (last valuation)
Mortgage 105k
My income £20400
Partners - CTC and CB £11332
Small amount of debt outstanding Very £400, Paypal £320 which are on buy now pay later and 0%.
I have a Barclaycard which I pay in full but usually shows as a debt on my credit report. Although it is paid in full by DD,
Only have 1 credit search in last 3 months.
Issues:-
I have number of credit cards between me and my wife with large credit limit.
I have used overdraft but not for long the amount is £100. Just didn't managed to transfer money between accounts in time.
I have done affordability check on Skipton website and came up 140k.
Wondering will there be any issues when applying for remortgage?
Thanks
I have a mortgage with Precise and fixed rate will end 01/03/19. I will be applying for remortgage with another lender. I am thinking of Skipton.
House value 275k (last valuation)
Mortgage 105k
My income £20400
Partners - CTC and CB £11332
Small amount of debt outstanding Very £400, Paypal £320 which are on buy now pay later and 0%.
I have a Barclaycard which I pay in full but usually shows as a debt on my credit report. Although it is paid in full by DD,
Only have 1 credit search in last 3 months.
Issues:-
I have number of credit cards between me and my wife with large credit limit.
I have used overdraft but not for long the amount is £100. Just didn't managed to transfer money between accounts in time.
I have done affordability check on Skipton website and came up 140k.
Wondering will there be any issues when applying for remortgage?
Thanks
0
Comments
-
From what you have said, no.
But most people who go to Precise do so for a reason, usually bad credit. I assume those issues have dropped off your report now?I am a Mortgage AdviserYou 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.0
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