We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Barclays Underwriters
waribai
Posts: 157 Forumite
Just trying to be proactive here. Have passed all the checks with Barclays and full application has been submitted for a 25% LTV mortgage part of which I am porting. I have a salary of circa £50k and looking to get a £210k mortgage on an £820k house. My Achilles heel is that I have around £100k of available credit card on 12 different cards. One of the cards has a £3k balance at 0% the other cards are all paid in full each month or unused (the majority). I am just wondering if the underwriters are going to make a big deal about this...Any knowledge would be most welcome!
0
Comments
-
I think it's too late to change anything now, so wait and see what they come back with. If they want you to reduce your available credit, I'd expect them to tell you that.0
-
Thanks. Ok, so that is a possible outcome. Yes, I'd be fine with that!0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.8K Banking & Borrowing
- 253.4K Reduce Debt & Boost Income
- 454K Spending & Discounts
- 244.7K Work, Benefits & Business
- 600.2K Mortgages, Homes & Bills
- 177.3K Life & Family
- 258.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards