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Remortgage hard search - should I wait before buying car?

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Kai_63
Kai_63 Posts: 122 Forumite
Part of the Furniture 10 Posts Name Dropper Combo Breaker
in Credit file & ratings
I have a very good credit rating and want to buy a used car on finance. I’ve just started a remortgage application and there’s a new hard search on my file.

Should I wait before buying the car on finance and if so, how long?

Comments

  • csswiift
    csswiift Posts: 76 Forumite
    Fourth Anniversary 10 Posts Name Dropper
    100% wait until you have re-mortgaged your property. Underwriters may pull another credit report prior to re-mortgage and if it shows an additional loan, it will upset your affordability ;)

    Thanks
  • Kai_63
    Kai_63 Posts: 122 Forumite
    Part of the Furniture 10 Posts Name Dropper Combo Breaker
    Ah OK thank you. 
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