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To change bank before mortgage app
yellowmango
Posts: 2 Newbie
I'm going to remortgage next year and am aware I shouldn't apply for credit in the run-up, but would a bank account switch be a bad idea now? I am not overdrawn with my current bank, it would purely be to benefit from cash back on bills paid by DD and a better savings account rate.
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Comments
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I don't see any issues if you are not applying for a mortgage until next year.1
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Get any hard credit search out of the way well before you plan a mortgage application.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.1
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You'll be fine.
Generally an account switch is fine even a few weeks before a mortgage application, unless your credit history isnt great0 -
Oh great thank-you for the replies0
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