Went into overdraft - panicked

[Al991]

I have exchanged on a house but completion is not for another couple of months for various reasons. I am aware that before completion it is normal for mortgage companies to run another credit check to make sure everything is ok.

Today I accidentally went into my arranged overdraft, just because of an oversight. I’ve put the money straight back in now. Could this impact me getting my mortgage and therefore completing on the house, because of impact on my credit?

I wouldn’t think a small dip into your overdraft is going to make the slightest bit of difference.

no, I don’t think it matters whatsever if it was once and replaced back quickly. They look at the whole picture of how much debt you have, income, etc.

If it was same day that you went overdrawn and also added money back in the same day, then no. Banks usually list debits then credits on the same day (as historically they could then charge for overdraft, or decline payment and whack on £10-20 per transaction charge even if money was coming into your account the same day- but they're not allowed to do that now), so long as the balance at the end of the day is above 0 you're all good.

Honestly don’t worry we go into our agreed overdraft every month and our house purchase completed 2 weeks ago with no issues