Mortgage application declined? Here’s what to do
Being refused a mortgage or further advance can feel disheartening, but it doesn’t mean home ownership or releasing equity is impossible. Many people are declined because of adverse credit such as County Court Judgements or defaults , insufficient deposit, a high debt‑to‑income ratio or inconsistent income. Specialist lenders do exist, and with the right advice you may still be able to proceed.
Why an application may be declined
Credit history: CCJs and defaults stay on your credit report for six years and may put off high‑street lenders. Click here for how a mortgage broker can help.
Affordability: Lenders assess your income versus existing debts and may ask for a larger deposit if they deem the loan risky. Click here to read more about affordability on mortgages.
Property or paperwork: Unusual property types or missing documentation can trigger a refusal.
Practical next steps
Check your credit report and correct any errors before reapplying.
Reduce existing debts and avoid taking on new credit to improve your debt‑to‑income ratio.
Save for a bigger deposit if possible, as this can widen the choice of lenders.
Avoid multiple applications in quick succession as each search leaves a footprint on your credit file.
Speak with a specialist broker. We specialise in helping clients with adverse credit, and we work with lenders who consider a wider range of circumstances. Click here to go to our contact us page
How we can help
At Chris Smith & Sarah Tinkler Mortgages, we regularly assist clients who have been turned down by high‑street lenders. We’ll review your situation, explain your options, and if appropriate, match you with a lender who may consider your application. There’s no obligation to proceed, and your initial consultation is free.
Call to action
Don’t let a declined application stop you. Book a free, no‑obligation consultation today using our contact form or call us on 07359 911 696. We’ll assess your circumstances and help you take the next step.