Forum Home» Mortgages & Endowments

Credit utilisation - Page 2

New Post Advanced Search

Credit utilisation

edited 30 November -1 at 1:00AM in Mortgages & Endowments
13 replies 1.3K views
2»

Replies

  • Bozzer89Bozzer89 Forumite
    22 posts
    Quick question somerset of it's ok?

    We've just applied for a mortgage with precise got a MIP for 176k with mine and my partner's earnings. We have credit cards and car finance totalling between 9k all pay back monthly on time etc total income is around 38k for us both. Would u reckon this would be a bad factor on our application ?
  • Bozzer89Bozzer89 Forumite
    22 posts
    Just to put the house we have gone for is only 140k with 20% HTB and 5% from us so only lending of 105k from precise.
  • csgohan4csgohan4 Forumite
    8.3K posts
    Fifth Anniversary 1,000 Posts Name Dropper Photogenic
    ✭✭✭✭
    Bozzer89 wrote: »
    Quick question somerset of it's ok?

    We've just applied for a mortgage with precise got a MIP for 176k with mine and my partner's earnings. We have credit cards and car finance totalling between 9k all pay back monthly on time etc total income is around 38k for us both. Would u reckon this would be a bad factor on our application ?

    Create your own thread instead of hijacking some one else as per forum etiquette
    "It is prudent when shopping for something important, not to limit yourself to Pound land/Estate Agents"

    G_M/ PIxie RIP
Sign In or Register to comment.

Quick links

Essential Money | Who & Where are you? | Work & Benefits | Household and travel | Shopping & Freebies | About MSE | The MoneySavers Arms | Covid-19 & Coronavirus Support