Bank statements
Hello I would just like a bit of advise if possible or if anyone has been in a similar situation.
Me (35k) and my partner (19k) have combined 54k annually income. I have a very recent loan (20k) showing coming in on my June statement to pay off my existing credit cards, overdrafts, car so it’s all on one monthly payment and they were all cleared to £0. We both are clear on credit cards and overdrafts payment now and don’t intend to use them again other than monthly use and then clear them each payday.
My partner bank statements should be ok but mine have always been in my £800 overdraft limit but cleared by payday.
Aprils statement started in -£421 and got to -£756 just before payday then ended -£424
Mays statement started -£424 went to -574 just before payday was cleared but ended the month -£777
Junes statement started- £777 cleared on payday and loan hit my account and cleared everything and ended the month +£129
Julys statement is meant to hit on the 12th but should be £1000 left over.
Long story short we have had a AIP for £240k. Found a house and have offer accepted for £200k house this weekend. Deposit £21k (LISA) + £45k (gifted). Typical monthly income between us will be £3900
Monthly outgoings:
Loan: £513
Phones contracts between us: £60
Car insurance and tax: £100
Rent including bill between us £680
We are going to try and apply for mortgage but won’t be able to speak to our broker until next week but will my bank statements be a problem? More concerned about being in my arranged overdraft. I know it’s cleared on payday but doesn’t look good when I go back into it. Will they also not like the loan on my statements? Sorry for the long read