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Mortgage Question
Comments
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I am applying for a remortgage now, and I do have £25K cr card balance obtained from 0% offers. 0% period runs out in May 2008, yet I can afford to pay it off now from the savings set aside.
If I pay it off now, I will loose any savings interest, but if I dont pay it off now, will I have any problems with my remortgage. If I disclose my credit card balance I will have problems with my remortgage wont I?0 -
Having £25k on credit cards will seriously affect your mortgage potential.
What is your income? What mortgage amount do you need?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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