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Trying to buy a contract phone

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Hi, 

I have recently been offered a mortgage by Natwest. The mortgage is not going to start until May/June 2022, until the new build is completely constructed. 
My iphone battery has been misearable these days and I am thinking of buying a phone over monthly contract with O2. Is it a good thing to do (starting this buying the phone over credit) now? Obviously it may fetch a hard search on my credit file. Will it affect my mortgage/mortgage lender anyway?

Comments

  • The monthly repayment of contract phone wont impact my affordability as it is just 33 pounds per month
  • I think contract phones are now often seen on credit reports as loans.

    Does the monthly repayment of your contract phone materially impact your affordability? Could you not wait a couple of months, or buy it out-right?
    What do you suggest?
  • Chop-D
    Chop-D Posts: 104 Forumite
    Seventh Anniversary 10 Posts Name Dropper
    You could replace the iPhone battery, about £50 last time I had one :)
  • kingstreet
    kingstreet Posts: 39,253 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    No new applications for credit between mortgage application and completion.
    I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.
  • MWT
    MWT Posts: 10,177 Forumite
    10,000 Posts Fifth Anniversary Name Dropper
    No new applications for credit between mortgage application and completion.

    Chop-D said:
    You could replace the iPhone battery, about £50 last time I had one :)

    That would be my advice as well.
    No point in rolling the dice when you don't have to .
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