Bluestone mortgages after drafty account

Marxkate

Hi everyone. Will try to keep this short.
Applying via broker with Bluestone mortgages. Full app goes in tomorrow. They already have all documents.
Me - £16,202 - self employed, 1 default, settled, over 4 years old, 1 CCJ, settled, over 4 years old.
Husband - £26,000 - self employed, settled CCJ, overv4 years old.

We had a "Drafty" account. Like a line of credit - says on website not a payday loan. Like having access to an overdraft. All paid of as of July and account closed.

Will this scupper us? Terrified that they will clarify it as a payday loan!
Other than that, do you think the case looks strong? We're using HTB on a £184,995 new build. We have 5% deposit. If we weren't using HTB apparently we'd be on their "clear rate".
Thank you in advance!

ACG

When did you stop using it/close it?
What was the interest rate? Some lenders class high interest loans as pay day loans (I have had that argument with underwriters before), I think with bluestone it is anything above 60% interest is a pay day loan, so you may need to see if it is within criteria - or run it by your broker.