Unarranged overdraft mortgage application

Barron1992

Hi, just going through a mortgage application and there his a unarranged overdraft costing for around £139, it was a mistake but was paid in 2 days later! 

Do you think it will matter ? 

Thanks 

[Deleted User]

It depends. But nothing you can do about it now, so just keep your fingers crossed.

Barron1992

Deleted_User said:

It depends. But nothing you can do about it now, so just keep your fingers crossed.

It was a payment missed then I put the money in 2 days later after noticing, nothings come on my credit file or anything 

15JM83

Is it obvious that its unarranged ? Is there a bank charge for example on your next statement?

Barron1992

15JM83 said:

Is it obvious that its unarranged ? Is there a bank charge for example on your next statement?

No just show -£139 for 2 days then obviously when I put money in goes back up on statement, it’s a 123 account Santander. 

jord411

Barron1992 said:

15JM83 said:

Is it obvious that its unarranged ? Is there a bank charge for example on your next statement?

No just show -£139 for 2 days then obviously when I put money in goes back up on statement, it’s a 123 account Santander. 

With Santander they text you when you go into you overdraft . 

So you went over your overdraft limit( assuming you have an overdraft) ?

I would call Santander and see what they say and they will let you know if you are going to get a charge on your next statement for going over your overdraft limit.  It’s better to find out now then worry until the next statement comes. 

Barron1992

Nope don’t have a overdraft ! Just went into a unarranged one! Just around 2 days before I noticed. But don’t seem to have got a charge for it. 

15JM83

You will be absolutely fine aslong as your mortgage isn’t with Santander . The underwriter won’t know if it’s arranged or unarranged then if no bank charges shown.