Myself and my partner and applying for a new mortgage with The Woolwich for our first house.
Unfortunately, when my mom got sick I went into my overdraft to pay for everything. As my wages have not changed in five years I have never had the means to pay it back (it is an agreed overdraft with my bank) and therefore live constantly £1,000.00 in the red every month.
Will this prevent me from getting a mortgage?
Unfortunately, when my mom got sick I went into my overdraft to pay for everything. As my wages have not changed in five years I have never had the means to pay it back (it is an agreed overdraft with my bank) and therefore live constantly £1,000.00 in the red every month.
Will this prevent me from getting a mortgage?