Hearing that your mortgage application has been declined can feel like a big setback, but it doesn’t always mean the end of your home-buying journey. Often, the decision comes down to one or two clear factors that can be worked on for the future.
Credit History Issues
One of the most common reasons for a mortgage being declined is credit history. Lenders look closely at how you’ve managed borrowing in the past. Missed payments, defaults, or County Court Judgements (CCJs) may signal that lending to you could carry more risk.
Sometimes even small things, like forgetting a bill or using too much of your available credit, can have an impact. While this may feel discouraging, it doesn’t mean you won’t be able to get a mortgage later on. Lenders simply want to see consistent, responsible borrowing behaviour over time.
Moving Forward
If your application has been declined for this reason, the next step is understanding exactly what caused the issue. Checking your own credit record and keeping on top of future payments can make a difference over time.
At Muuvin Mortgages & Protection, we offer no-obligation calls to help you understand why your mortgage might have been declined and discuss the next steps available to you.
Does a declined mortgage affect my credit score?
No, the decline itself isn’t recorded. However, multiple hard credit checks in a short time may reduce your score.
Can I reapply with another lender straight away?
It’s best to first understand why your application was declined. Applying again without fixing the issue could lead to another refusal.
Is bad credit a permanent barrier to getting a mortgage?
Not necessarily. Over time, improving your credit profile can increase your chances, and some lenders consider applicants with past credit issues.
Disclaimer
Your home may be repossessed if you do not keep up repayments on your mortgage.
This article is for general information only and should not be taken as advice. Mortgage applications are subject to status and lender criteria.
