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Mortgage application & credit history
Natsplus
Posts: 47 Forumite
Hi all,
I had some business debts in the form of a personal loan and credit cards accumulated over a couple of years. During the last month I paid it off with the help of a business loan that I acquired from my bank.
We are thinking of moving house soon and wondering if large payments to credit cards and loan can be some sort of an issue when getting credit checked in a joint mortgage?
When getting finances checked how far back do they see and will they raise questions about debts paid in recent months?
I had some business debts in the form of a personal loan and credit cards accumulated over a couple of years. During the last month I paid it off with the help of a business loan that I acquired from my bank.
We are thinking of moving house soon and wondering if large payments to credit cards and loan can be some sort of an issue when getting credit checked in a joint mortgage?
When getting finances checked how far back do they see and will they raise questions about debts paid in recent months?
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