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Bank Authorised Overdraft - Mortgage
guysl80
Posts: 93 Forumite
Hi,
Does having an overdraft affect securing a mortgage negatively. Have a £160 overdraft with hsbc but i never go over it. The credit file shows this amount. This is the only unsettled balance i have in my credit file.
Any negative impact towards securing a mortgage because of this OD amount?
Thanks
Does having an overdraft affect securing a mortgage negatively. Have a £160 overdraft with hsbc but i never go over it. The credit file shows this amount. This is the only unsettled balance i have in my credit file.
Any negative impact towards securing a mortgage because of this OD amount?
Thanks
0
Comments
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No it won’t be a problem as long as you don’t go into unauthorised overdraft. I just got my mortgage over with a £2k overdraft that I use in part every month.
:0
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