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Credit Checks Before Exchange and Complete
Conan1Sett
Posts: 128 Forumite
I have had my mortgage offer from Santander and I am waiting to Exchange and Complete.
Obviously there was the initial credit check after which I was approved but since then I have accumulated £2600 in credit card debt. This was because of some disastrous unforeseen circumstances. How likely is it that this will scupper everything and I fail to complete?
Obviously there was the initial credit check after which I was approved but since then I have accumulated £2600 in credit card debt. This was because of some disastrous unforeseen circumstances. How likely is it that this will scupper everything and I fail to complete?
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Comments
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It depends on whether further checks will be done and how marginal your case is.
Do you not have any spare funds at all to clear it?0 -
No I don't.Deleted_User said:It depends on whether further checks will be done and how marginal your case is.
Do you not have any spare funds at all to clear it?
I've been unfortunate. By now I would've been patiently waiting to complete but I've relied on CCs mightily just to get by recently.0 -
A good chance to pull out if it’s going to stretch you perhaps?0
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