Mortgage Lending Criteria

Each and every UK lender will have it's own mortgage lending criteria for 2012, sometimes referred to as a credit policy.


On this section of the MortgageMap website we aim to give you some pointers on what the lenders are looking for in their criterion.

We hope this will enable you to successfully apply for the mortgage or remortgage you are looking for. Though each will have their own unique rules many are across the board so we will start with those then move on to some of the more unusual.

Firstly it's worth pointing out that it is illegal to discriminate on the grounds of sex, race, ethnic or national origin, religion or disability when considering lending applications. All applicants must be 18 or over. Secondly it's not just you they assess it's the property you want to secure the loan against. For instance a lot of lenders will not lend on flats in a block with more than five storeys.

The are other links in the "Other" section that cover many more detailed areas that may be of interest to you. There is a particularly informative article about Mortgage Application Processing, if you want to fully understand the process of how long your mortgage application will take.

Deposit Size

Without doubt the biggest stumbling block in these post "Eurozone" crisis days is the deposit needed to get on the property ladder. The days of 125% mortgages will probably never be seen again and even getting a lender to agree to lend 100% of the value of the property seems exceptionally unlikely.

Following on from the sub-prime mortgage crisis where lenders were totally bonkers in lending to people with poor credit histories loans which they were never going to be able to re-pay the vast majority of normal hard working people are now paying for the banks mistakes.

Some lenders will only offer 50% mortgages so to buy a property costing £250,000 you will need a £125,000 deposit. For most people that is never going to happen.

Getting even a 90% mortgage is difficult now so this is creating major problems for the average First Time Buyer (FTB). If you need to know the list of mortgage lenders who are prepared to lend above 90% loan to value ratios then fill out the "Free Quote" enquiry form and a Mortgage Broker in your area will be able to phone you to discuss your options.

There are 2 ways to deal with the conundrum of the different lending criteria, either take the time to familiarise yourself with them or let a mortgage broker guide you with the years of experience they have on the subject.

The best short cut you can make is to tell one of our mortgage advisers what your current situation is, they will quickly guide you to the lender that best suits your circumstances.

Fill Out the Easy Express Quote Form
Adverse Credit Accepted


At mortgagemap mortgage lending criteria is an important issue for us, we find so many people come to us because they are unable to get the mortgage they want.