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Mortgage application declined

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  • NICOLAWB
    NICOLAWB Posts: 104 Forumite
    Thanks for reply. Is there another lender you would recommend instead?
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    NICOLAWB wrote: »
    Cc outstanding is 45k
    No missed.

    No missed isn't particularly relevant. The size of the debt is. If you were to downsize to release equity to clear the debt you'd get a better reception.

    The other alternative is to consider secured loan lenders. Not as low interest rates as mortgage lenders but debt consolidation is more there market. Not a recommended route. As puts your home at risk.

    Have you visited the Debt Free Wannabe forum? Plenty of support and advice on there. With many people tackling similar challenges as yourselves.
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