{"id":56138,"date":"2011-06-12T06:03:03","date_gmt":"2011-06-11T23:03:03","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/who-can-you-ask-for-a-mortgage-when-everyones-turning-you-down\/"},"modified":"2017-05-27T11:32:56","modified_gmt":"2017-05-27T04:32:56","slug":"who-can-you-ask-for-a-mortgage-when-everyones-turning-you-down","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/who-can-you-ask-for-a-mortgage-when-everyones-turning-you-down\/","title":{"rendered":"Who can you ask for a mortgage when everyone's turning you down?"},"content":{"rendered":"


\nKnowing which mortgage lenders loan to which type of borrowers is the starting point for securing that elusive dealMany would-be mortgage borrowers who fail to meet lenders’ squeaky clean criteria are deterred from applying because they believe they will be rejected. First-time buyers, the ones who keep the housing market ticking over, are particularly affected. In its Generation Rent report, the Halifax said: “Many renters would love to own their own home. However, the fear of the mortgage application process and of having an application declined are stopping potential first-time buyers applying.”Their worries are justified: although the Halifax accepts eight in 10 applications, many borrowers are falling at the first hurdle with other lenders. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Who can you ask for a mortgage when everyone’s turning you down?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Knowing which mortgage lenders loan to which type of borrowers is the starting point for...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-56138","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-eBs","jetpack-related-posts":[{"id":12034,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/halifax-raises-mortgage-borrowing-age-limit-to-80\/","url_meta":{"origin":56138,"position":0},"title":"Halifax raises mortgage borrowing age limit to 80","date":"May 6, 2016","format":false,"excerpt":"\r UK\u2019s biggest mortgage lender\u2019s move is part of trend for lenders to loan money to older people, some as old as 89Halifax has raised its age limit for mortgage borrowers by five years to 80 in a further sign of the financial pressure on homeowners as property prices continue\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":149990,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/santander-eases-mortgage-rules-so-it-can-lend-up-to-35000-more\/","url_meta":{"origin":56138,"position":1},"title":"Santander eases mortgage rules so it can lend up to \u00a335,000 more","date":"March 28, 2025","format":false,"excerpt":"\r Bank cuts its stress testing rate for home buyers after FCA urged lenders not to be \u2018unduly restricting\u2019Business live \u2013 latest updatesOne of the UK\u2019s largest mortgage lenders has relaxed its rules and will offer some borrowers up to \u00a335,000 more to fund their home purchases.Santander said it had\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":151199,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hsbc-and-co-op-bank-cut-mortgage-rates-as-halifax-and-lloyds-ease-rules\/","url_meta":{"origin":56138,"position":2},"title":"HSBC and Co-op Bank cut mortgage rates as Halifax and Lloyds ease rules","date":"April 15, 2025","format":false,"excerpt":"\r Lenders stepping up mortgage price war in apparent response to financial turmoil sparked by US tariffsUK lenders are stepping up a mortgage price war, with HSBC and the Co-operative Bank announcing fresh rate cuts, and Halifax and Lloyds Bank loosening their affordability rules to enable homebuyers to borrow more.The\u2026","rel":"","context":"In "Property 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borrowers with mortgage arrears could get compensation","date":"October 19, 2016","format":false,"excerpt":"\r FCA review finds lenders mistakenly collected arrears payments twice from 750,000 customersAround 750,000 struggling mortgage borrowers could be due compensation after the City regulator found lenders had made mistakes in the way arrears were collected.A review by the Financial Conduct Authority looked at how lenders were treating borrowers who\u2026","rel":"","context":"In "Property 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