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New Mortgage Application - Accord Mortgage
Annieireland71
Posts: 66 Forumite
hello all
So, I am new here, and need some hand holding. I have sold my house, and looking to buy a new house using the Help to Buy Scheme.
Accord hav approved my application in principal, and I have my full application going in this week.
I am discharging a lot of debt from my equity and whilst I have an overdraft and a small credit card, I have a great credit score - 999 from Experian and over 600 from creditscore
I know that this is just the beginning, but what is the likelihood of this not going through? I am as nervous as anything and my stress levels are high!!!!!!
So, I am new here, and need some hand holding. I have sold my house, and looking to buy a new house using the Help to Buy Scheme.
Accord hav approved my application in principal, and I have my full application going in this week.
I am discharging a lot of debt from my equity and whilst I have an overdraft and a small credit card, I have a great credit score - 999 from Experian and over 600 from creditscore
I know that this is just the beginning, but what is the likelihood of this not going through? I am as nervous as anything and my stress levels are high!!!!!!
0
Comments
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any help would be appreciated - thank you in advance :-)0
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Its difficult to reassure you without knowing everything about your case, and your mortgage adviser should be the one to do that
BUT
I can tell you that the debts should not pose a problem, whether there are other elements of your case that are challenging I don't know, so maybe speak to your adviser and ask them directly is there anything exceptional or unusual about your case that could trip things upI am a Mortgage Adviser
You 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 -
what kind of things might hamper my application?
also - please can yo look at my other post....0
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