Suppose Lender A is one of them and therefore considers it as an annual income of £50k. To help with the research, he goes to a decent broker who tells him that some lenders are more generous and accept 80% of the commission (some may even go higher), and so Lender B would consider the income as £68,000. If both lenders offer up to 5x income, then the maximum loan with lender A £250k, but lender B would go up to £340k – a big difference, especially if you live in an area with higher house prices. In principle, a mortgage is not a guarantee, but it tells you if a lender is willing to lend you money. You can now take out other mortgages, for example. B try to find an intermediary and ask for a first state purchase programme, such as aid for the purchase of an equity loan. Like other lenders (and especially High Street lenders), Natwest has certain criteria that you must meet in order for them to accept your application. If yours has been rejected, then it could be for one of the following reasons: Kensington identifies as a “specialty lender” and is only available through registered mortgage brokers. As each case of underwriters is scrutinised, they may take into account more circumstances than traditional lenders. Negative problems can be overcome because there are lenders who like to consider a bad credit mortgage, including mortgages with a CCJ, recently delayed payments, defaults, and even withdrawals and bankruptcies.
As before the virus, some lenders are taking greater risk than others.