Which Order to Finance?

[GuinnessMK]

Around June / July next year, we are looking at both replacing my car and moving house.

I've just checked my Experian thingy and have a 999 rating, but I'm self employed (or rather an employee of my own company).

Just concerned that if I take out a new car loan just before moving it may be seen in a negative light. Similarly, don't want to move house and then find I can't get a new motor.

[Ungarsee]

If you take out car finance prior to the new mortgage then it shouldn't unduly affect your credit rating BUT it will lower your affordability as it will be an additional fixed outgoing. If you're taking car finance from a garage then from my previous experience they don't go through your outgoings so new mortgage shouldn't affect it too drastically but if you're doing a straight bank loan your mortgage payment will definitely be taken into account when calculating affordability.

If it were me I'd be sorting the house first

[Sarnie]

Defintley house first.