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Credit utilisation

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  • Bozzer89
    Bozzer89 Posts: 22 Forumite
    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 ?
  • Bozzer89
    Bozzer89 Posts: 22 Forumite
    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.
  • csgohan4
    csgohan4 Posts: 10,600 Forumite
    Ninth Anniversary 10,000 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/ Bowlhead99 RIP
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