Getting A Loan After Mortgage Completion

Not sure there will be a hard and fast rule on this.

If it were me, I would list the address where I was living at the time of application.

Presumably you are still on the electoral roll at your old / existing address - this is likely to have an important weighting in your application.

20k is still quite a big unsecured loan amount so it may be nothing to do with your address.

Have you tried the eligibility calculator here - https://www.moneysavingexpert.com/eligibility/loans-calculator/

Whether it is a big amount for any given individual will come down to affordability / existing credit commitments so I was speaking in general terms rather than specifically for you.

Soft searches are a good way to limit the impact of multiple hard searches.

However, being eligible is one thing, the rate you actually get once you go for a full application often tends to be something else entirely (there are frequent threads popping up with people complaining they didn't get the advertised headline loan rate). Its a limitation on the system as it currently stands and could dearly do with changing - but this is the system as it is.

I would be disinclined to apply again to a lender who has already declined you - unless something very significant has changed since your last application then you will be setting yourself up for another decline / hard search.

Does the eligibility checker give you a high chance of being accepted with your own bank as they will have more data to go on when assessing your application and the resulting rate - you 'may' have a better chance of acceptance and a better rate assuming your financial management is good. You may also find, if you go in to your bank branch, that their computer will give an indication of the maximum lending they may offer you.

Best of luck anyway!

Can't help to ask - but if they have previously declined you and have also recently lent you a mortgage then they may look to limit their credit exposure to you.

Maybe ask if they can do a soft-search when you go in to the branch?

Each lenders draws up their own risk profile / customer target etc.

Just because they won't lend to you has no bearing on whether anyone else will - never take these things personally.

Despite what marketing may say - we are all just numbers to these companies.