Bad Credit
How can bad credit affect your mortgage application?
Having a poor credit history makes you a riskier option in the eyes of mortgage lenders, and can affect:

What checks do lenders make?
When you apply for a mortgage, the lender will run a check on one of these databases to see your credit history:
This credit report shows the lender your past and current credit commitments, and the way you’ve managed them.
Your outstanding credit, other outgoings, income, and number of dependants, will help them assess your affordability, and affect the amount you could borrow.
You can find out more about credit checks, credit scores and your credit check rights in our guide: How to check your credit record.
Ways to improve your credit rating
There are things you can do to boost your credit rating and improve your chances of being approved for a mortgage:
Use the Central Credit Register website to see what the lender will see, helping you decide whether it’s the right time to apply for a mortgage.
The less outstanding credit you have, the more you will be able to borrow with a mortgage.
And then wait to apply. You may need to wait as long as two years from paying off your arrears on an unsecured loan and four years for a secured loan to meet some lenders’ criteria, but check.
When you’re at the stage of applying/reapplying for a mortgage, check that your credit report has been updated with any changes e.g. arrears now cleared, loan balance reduced etc.
How to get a bad credit mortgage
Getting a mortgage with bad credit is more difficult, but there are steps you can take to improve your chances.
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