If you are considering a mortgage in the near future OR you are currently in the process of getting a mortgage, please, PLEASE, refrain from taking on any more credit commitments during this time. The most common we tend to see is the temptation of that nice new Car you would like and would need to take car finance out on to purchase.
We recommend to WAIT until you have the keys to your house to avoid any disappointments.
Credit commitments (credit cards, car finance, personal loans etc.) can all have a large impact on how much a lender will be willing to lend to you.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE