Applying for a mortgage can be a nervewracking process, especially if you're a firsttime homebuyer. But what happens if your mortgage application is declined? In this video, we'll give you some tips and insights on how to avoid common pitfalls that can lead to a mortgage rejection, and increase your chances of getting approved.

We'll cover the following topics:

Credit score and history: Your credit score and history are crucial factors that lenders consider when assessing your mortgage application. We'll explain what a good credit score looks like, how to check your credit report, and what to do if you have any issues or errors.

Affordability: Lenders will want to make sure you can afford the mortgage payments, so they'll look at your income, expenses, and debttoincome ratio. We'll give you some guidelines on how to calculate your budget, and how to improve your chances of being approved.

Documentation and information: Finally, we'll talk about the importance of providing accurate and complete information, such as how your income is made up and what credit commitments you have

By following these tips and being prepared, you can increase your chances of getting approved for a mortgage and avoid being declined. Don't let a mortgage rejection discourage you from pursuing your dream home – with the right approach, you can make it a reality.

To check your credit file with a free trial of "check my file" you can follow this link:
https://www.checkmyfile.com/?ref=adam...
This is a 30 day free trial, the usual price is £14.99 per month, you are free to cancel any time.

To visit our website follow this link:
https://www.vantagemortgages.co.uk/

To book a free call straight away just follow this link here:
https://calendly.com/adamvantage/new...


YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE OR ANY OTHER DEBTS SECURED ON IT.

Vantage Mortgages Ltd is an Appointed Representative of PRIMIS Mortgage Network which is a trading name of Personal Touch Financial Services Limited. Personal Touch Financial Services Limited is authorised and regulated by the Financial Conduct Authority.

Our typical fee for arranging a mortgage is £500