Welcome to July’s column from Mortgage Advice Bureau East Kilbride, this month I want to give you an insight into an important part of getting a mortgage – credit scoring.
We are often asked ‘What credit score do I need to get a mortgage?’ and although having a high score helps, there a such a variety of lenders available that it isn’t always the be all and end all of getting a mortgage.
However, here are some key hints and tips on what lenders look at when you are looking to get a mortgage so you can aim to put yourself in the best possible position when it comes round to applying.