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Hard Search Impact on Mortgage
alphabravocharli
Posts: 90 Forumite
Hi All,
I was wondering if someone can help me to understand that is there any impact of hard search for opening a current account without availing any credit facility on mortgage application. I am in process of getting mortgage but want to switch 1 of my current account to a package account to get the offer before it ends.
I was wondering if someone can help me to understand that is there any impact of hard search for opening a current account without availing any credit facility on mortgage application. I am in process of getting mortgage but want to switch 1 of my current account to a package account to get the offer before it ends.
0
Comments
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There can be. It's normally minimal, but you need to decide if it's a risk worth taking, however small.0
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I personally am not applying for any new credit until I get the keys to a property, it's not worth the risk for such a small sum of money.0
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Don’t do it. Another deal will be along once your mortgage is drawn down and safe.I am a Mortgage Broker
You should note that this site doesn't check my status as a Mortgage Broker, 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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