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First time buyer credit check
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breno1984
Posts: 2 Newbie
Hi all, hope I could get some advice here on this.
Me and my wife we use a credit card (same account) for every day shoppings, etc.. but no bills. So then we pay the balance every month half each (it’s anywhere between £400 to £600 pm). We do this just so we know how much we spend and that we can half it easy.
Now, do we stop it before we go to a booker and apply for any morgage as it may be seen as we are in dept every month even though we are not?
Thank you!
Me and my wife we use a credit card (same account) for every day shoppings, etc.. but no bills. So then we pay the balance every month half each (it’s anywhere between £400 to £600 pm). We do this just so we know how much we spend and that we can half it easy.
Now, do we stop it before we go to a booker and apply for any morgage as it may be seen as we are in dept every month even though we are not?
Thank you!
0
Comments
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Dont worry about it. Just explain it to the broker and it will be fine... Nothing to lose any sleep over though.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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