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Seven reasons your mortgage application is being rejected and how to fix it fast

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dailyrecord.co.uk

New research by Aldemore bank has discovered that just one in five first-time homebuyers are being approved for a mortgage on their first attempt.

The bank found that poor credit scores, low deposits and Covid-related employment challenges have caused a drop in mortgage approvals, leaving four out of five first-time buyers struggling to secure a mortgage.

Potential buyers are being tripped up by surprising money mistakes most people probably wouldn’t ever consider to be a risk, however, there are a few simple things you can do to improve your application and increase your chances of securing a mortgage to buy your dream home.

Read more on dailyrecord.co.uk
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