Almost finished house purchase - new credit card?

yatesl

Purchasing first house. Due to pick up the keys 7th May.  The obvious answer is 7th May, but I thought I'd ask anyway.

At what point do mortgage companies stop checking credit records? To be honest we've comfortably passed the criteria for the mortgage (I didn't even need to send statements for spending etc., or other stories I've heard).  Due to us needing some new furniture, paints, and other new house items, I want to get a(nother) new Amex card to get 5% for 3 months (side question - I already have an everyday plat, would I still get the 5% if I open a different branded one such as Vitality?).  However, I don't want to trip at the final hurdle because I wanted the card in my wallet by the time we move in - nor do I want to wait too long for it to arrive after.

We've had the email from Nationwide, "completion date confirmed" and "good news, your funds will be released on 03/05/24" - is this a done deal now?

Thanks

Thinkandgrow1

Don’t risk it mate. They could credit check you before completion and pull the offer. It’s not worth losing the house. 

yatesl

Yeah I figured, I just know the Mrs will want a dryer on day one and I wanted the cashback!

RelievedSheff

yatesl said:

Yeah I figured, I just know the Mrs will want a dryer on day one and I wanted the cashback!

Is that really worth risking the house over?

amnblog

On no account apply for more credit before you have drawn down the mortgage.

Might be smart not to build up consumer debt anyway when you have a mortgage to service. If you don't have the case, or cannot save for it, you cannot afford it, should be the key phrase.