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Closing unused accounts - credit?
Mrh1019
Posts: 131 Forumite
Hi, as outlined in my earlier threads my husband and I are hoping to start looking for a new house in the next month or so. I’ve checked his Experian credit file and his score is 999. He has three credit cards with a limit of £12,500 in total, they all have a balance of zero. We would ideally like to close two of them. Will this have any impact on our ability to get a mortgage or his credit score? We have a DIP from Halifax? Thank you xx
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Comments
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Why not see the mortgage through first?Initial mortgage bal £487.5k, current £258k, target £243,750(halfway!)
Mortgage start date first week of July 2019,
Mortgage term 23yrs(end of June 2042🙇🏽♀️),Target is to pay it off in 10years(by 2030🥳).MFW#10 (2022/23 mfw#34)(2021 mfw#47)(2020 mfw#136)
£12K in 2021 #54 (in 2020 #148)
MFiT-T6#27
To save £100K in 48months start 01/07/2020 Achieved 30/05/2023 👯♀️
Am a single mom of 4.Do not wait to buy a property, Buy a property and wait. 🤓0
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