Getting a mortgage on furlough

Getting a mortgage on furlough

The furlough scheme has been extended again and around 15 per cent of the UK workforce are currently on furlough leave. Where do you stand in terms of getting a mortgage if you’ve been affected? Since the pandemic took hold of the UK in March, we’ve been keeping you...
Why is your mortgage application taking so long?

Why is your mortgage application taking so long?

Are you worried that your mortgage application is taking ages? Don’t read anything into it as it’s probably not you – it could well be your lender… If you have applied for a mortgage and your application seems to be taking forever, it may not be a bad sign and...
Has the mortgage situation changed for furloughed workers?

Has the mortgage situation changed for furloughed workers?

What are your chances of getting a mortgage if you’ve been furloughed? Is it getting less likely? In early June, we wrote a blog about getting a mortgage when you’ve been furloughed, stating that lenders will still consider applications from furloughed staff. We...
The truth about your credit score

The truth about your credit score

If you’ve recently run a credit check on yourself online and you had a good score, you may think you’re in with a good chance of getting a mortgage. But credit scores are not as straightforward as you may think. Many people are aware that having a good credit rating...