Hot Topics

What Happens If I Have No Proof Of Income?: If you are self-employed and cannot provide any proof of income – you will have to self-certify your income. In most cases you will need to provide an accountant’s certificate as proof of income.
I Am Self-Employed. Can I Get a Mortgage?: Whilst many high street lenders will exclude them our mortgage partners specialise in finding the best deals around for the self employed
What Is A Remortgage?: ‘Remortgage’ is basically the term for switching your mortgage to another mortgage lender.
How Do I Switch Mortgages?: Switching mortgages (remortgaging) has been made very easy by the industry, in reaction to the fact that most people remortgage their homes on a regular basis i.e. every 5 years on average.
Low Setup Cost Mortgages: When you apply for a mortgage and to buy a property, there are certain initial costs that are, on the whole, unavoidable.

What Happens If I Am Refused A Mortgage?

If you are refused a mortgage it will be because you have a poor credit rating and/or a bad credit history.

Any of the following could result in you being refused a mortgage: County Court Judgements, previously declined applications for credit, defaults on payments, mortgage arrears, repossession of property or cancellation of a credit card by the credit card company.

If your application for a mortgage is rejected then you need to find out exactly why before you make another mortgage application. The first place to start is to ask the lender why your application was rejected.

The next step, if it is due to your credit history, is to contact the credit reference agency in question for a copy of your credit report, and make sure that any inaccuracies or out of date information is removed from your credit report. The lender will be able to give you the contact details for the credit reference agency they used. You need to do this within 28 days of being turned down.

If you were refused a mortgage because your earnings are not high enough, or you cannot provide a Guarantor – you will simply have to shop around for a mortgage lender that is prepared to offer you a mortgage.

Fill in our quotation form to be referred to a leading UK broker – we guarantee that whatever your situation we’ll have a mortgage that’s right for you and your circumstances.

1st Time Buyer - Buy to Let Mortgages - Capped Rate Mortgages - Discount Mortgages - Fixed Rate Mortgages - Flexible Mortgages - ISA Mortgages - Low Setup Cost Mortgages - Self Cert Mortgages - Tracker Mortgages - 100% Mortgages Cashback Mortgages - Adverse Credit - Buy to Let - Commercial Mortgages - Company Directors - Equity Release - Fixed Rate Mortgages - Income Multiples - Interest Rates Explained - Mortgage Glossary - Mortgage Variations - Mortgages Explained - Previously Declined - Refinance Mortgages - Repaying Mortgages - Right to Buy Mortgages - Self Employed - Unusual Properties - Variable Rate Mortgages

-- Please Note --
This web site is owned by Andromeda Webs Ltd. Andromeda Webs Ltd, is an Appointed Representative of Web Publishing House Ltd. Web Publishing House Ltd is authorised and regulated by the Financial Services Authority for insurance mediation.