Missed payment & going near my credit limit

Panicstations1994

Hello 

Just want some advice really as I go through the stressful process of buying my first home.

Basically I'm buying as a single applicant through shared ownership with 50% shares (new build house) 

My mortgage application was submitted fully on Thursday to Leeds building society via a broker previous to this I passed the affordability checks and was pre qualified ect and that's all good however I'm panicking because I've just gone through my credit file with a fine tooth comb and noticed it says I'm doing well on 8 insights but 2 need improving the 2 that need improving is register to be on electoral roll which I am now so that's fine (it just hasn't refreshed yet) but the other insight and the one that I'm panicking about is that I have been close to my credit limit 6 times in 6 months.

Also just checked totally money it says I have 1 missed payment in September 2016 so very close to 6 years ago. 

The going near my credit limit thing must be before January as since January my credit utilisation has been at just 3 % and my final balance was paid on Friday so my credit card is now at £0 (so are my other accounts like Argos and next) have I completely buggered my chances of being accepted now as my file isn't as squeaky clean as I thought it was? 

danlewi2

I would not worry - the missed payment is very historic and close to dropping off and as long as your credit commitment going forward are clear as per your mortgage application I cannot see it being an issue. 

GentleGiant01

The worst that will happen is they will ask you to clear your balance by completion which you already have. If your broker had access to your reports prior to putting in the application I wouldn’t worry - they’ll know the criteria like the back of their hand and wouldn’t knowingly put in the application if it didn’t have a strong chance of being accepted!