Mortgage application advice please!

[MentalUnHealth]

Hello

Just want some advice really as I go through the stressful process of buying my first home.

Basically I'm buying as a single applicant through shared ownership with 50% shares (new build house) ideally I would have gone through the process as a joint application with my soon to be hubby but his credit file isn't good enough yet (missed payments and defaults ect)

My mortgage application was submitted fully on Thursday to Leeds building society via a broker previous to this I passed the affordability checks and was pre qualified ect and that's all good however I'm panicking because I've just gone through my credit file with a fine tooth comb and noticed it says I'm doing well on 8 insights but 2 need improving the 2 that need improving is register to be on electoral roll which I am now so that's fine (it just hasn't refreshed yet) but the other insight and the one that I'm panicking about is that I have been close to my credit limit 6 times in 6 months.
Also just checked totally money it says I have 1 missed payment in September 2016 so very close to 6 years ago.

The going near my credit limit thing must be before January as since January my credit utilisation has been at just 3 % and my final balance was paid on Friday so my credit card is now at £0 (so are my other accounts like Argos and next) have I completely buggered my chances of being accepted now as my file isn't as squeaky clean as I thought it was? Really pissed off about the missed payment one!

Hi, I bought on shared ownership. I had gone over my overdraft limit a couple of times and I was asked to explain it so I wrote a letter about it, I think I had miscalculated and not transferred money in time, I explained I had text message banking now set up. Not sure if that was what they wanted but I got the mortgage. Happily in my flat 7 years on.

Mortgage lenders do their own underwriting and if you've gone through affordability checks and have been prequalified that's positive.

All the rest of it, I assume you're paying for some sort of credit monitoring service? I think a lot of them do more harm than good because they're just trying to show you they're worth paying for, but often come up with any old nonsense that's either irrelevant or viewed differently between lenders.

There are free services that you can use to see your credit file (Credit Karma or MSE Credit Club) so no need to pay a subscription.

Percentage of credit limit utilisation as a marker is a strange one. Credit limits themselves are often arbitary, I've been offered limits between around £1k and £15k but obviously you don't need to spend much on a card with a £1k limit to use a high percentage, but then you could put £5k on a £15k card and while the percentage is low, it's a lot of money if you can't pay it back quickly.

But with credit cards, it's best to only use them if you can reliably pay off what you spend each month in full.

Good luck with the application!