Impact of Credit limit on future loan/credit/mortgage application

rachelr89

Hello - I have a question about the impact of my credit limit on applications for things like loans and mortgages.
I have a credit limit of £43,000 across 6 credit cards. 
I have a balance of £13,000 split across them.
One is closed. Four are 0% cards which I pay off monthly so that at the end of the interest free period they will be gone. 
Two are 0% cards where I will have to transfer to new cards at the end of the period to continue paying off the remainder.
All in all it will take about 2.5 years to pay them off at the rate I am going.
I do have I no longer spend on any of them.
My q is - as they get paid off and I look to apply to a mortgage or any other financial product should I close them or leave them open?
I have read conflicting things about credit - some say leave them open it's good to show that you have credit and have a low utilisation.
Others say the lender will look at me and by the time I apply, I may not owe nothing on them, but I will have a credit limit of £45,000 and could potentially be in that much debt from their perspective.
Any advice appreciated. Thanks  

[Deleted User]

Leave them as they are. 

Having long standing debts combined with having your limits decreased will make you look fairly risky.

rachelr89

Deleted_User said:

Leave them as they are. 

Having long standing debts combined with having your limits decreased will make you look fairly risky.

Thank you very much - I won't have any debts by the time I apply for a mortgage as I intend to have them all paid off within 2.5 years and then apply. Will that still be a red flag to lenders?

superM

I've had large amount of 40 to 50k available credit on credit card.  Have not had any problems obtaining a mortgage. They are more interested in the credit used. 
I have heard the only takes into account available credit is Yorkshire BS.