14% of UK adults are planning to buy a home in the next 12 months, however a third (34%) of them could see their mortgage application rejected due to ‘adverse credit histories’, according to new research by The Mortgage Lender (TML).
Our recent article looks at how recent financial stresses of the pandemic, coupled with cost of living crisis could impact applicants home buying aspirations.
It tells you:
- How debts levels have been changing
- What’s happened with government support
- About changes relating to serious adverse credit events
You can read our article now! https://themortgagelender.com/content-hub/news-articles/mortgage-rejection-in-2022-could-affect-one-in-three
We consent and encourage for this release to be used in any weekly round up/newsletter/email/social comms if applicable.
