![]() ![]() Failed the mortgage affordability assessment based on your current income and expenditure.It allows lenders to check some of your personal information and to link that in with your credit history Not registered to vote on the electoral roll.A large number of credit applications in the past six months, resulting in multiple hard searches recorded on your credit report.A County Court Judgement (CCJ) or other adverse judgement on your record.Whilst not an exhaustive list, here are some of the common reasons why mortgage applications get declined: Because of that, the same application rejected by one lender may get approved by another. Bear in mind that each lender has its own set of criteria when assessing a mortgage application. If it happens to you, you should try and find out which ones have been applied to you. There are a number of possible reasons why you may see your mortgage application rejected. In this article, we are going to talk about the reasons why a mortgage application may be rejected and what you can do to move forward from it. ![]() If your mortgage application gets rejected, however, this can be really disappointing and a major setback.Ī rejected mortgage application need not be the end of the road, however. One of the most important parts of the entire process is securing your mortgage. Buying a new home can be a really exciting process, but it can also be pretty nerve-wracking. ![]()
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