Can’t Borrow Enough / Declined For A Mortgage

Declined for a mortgage elsewhere or can’t borrow enough? Westexe Mortgages can offer independent advice on borrowing and mortgages when you are having trouble due to credit history or adverse circumstances. We have a track record of matching people with lenders who can offer flexibility and greater borrowing capacity.

Why a mortgage is declined or you can’t borrow enough

Increasingly it is becoming more difficult to be accepted for a mortgage, or the lender refuses to give you enough.

This is due to various reasons:

You may:

  • be self-employed
  • have difficulty proving your income
  • have more than one job or more than one source of income
  • be employed on a low basic
  • have income from overtime, commission, bonus payments, tax credits, and/or other state benefits

The most common reason why a mortgage application can be denied

Poor credit history is the most common reason why an application can be declined. And one late payment on a mobile phone or credit card can be enough for a lender to say no.

Learn how to improve your credit score for a mortgage and read our 5 Easy Ways To Boost Your Credit Score.

How to get a mortgage with a poor credit history

Gone are the days when some lenders seemed willing to lend you as much as you wanted. Today they are far more cautious in the amount that they will lend, but there are still huge variations existing between them.

There are still lenders willing to consider applicants with a poor credit history.

Some high street lenders, if chosen for the right reasons and approached in the right way, are willing to consider limited adverse credit.

Dependent upon the individual’s circumstances, it is possible to choose the right lender to maximise the amount of loan possible.

We can help you find the right lender

As whole of market mortgage brokers, Westexe Mortgages has the knowledge and experience to help you find the right lender.

Contact us now for a free, no-obligation consultation.

Or request a call back and a member of our staff will get back to you as soon as possible.

Call us 24/7 on 01392 216 344 or use our Quick Contact Form below:

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