government s self employment grant in the past year. others like metro bank and santander are asking for larger deposits. bank and santander are asking for larger deposits bank and santander are asking for laraer deosits. ~ larger deposits. when the government announced its larger deposits. when the government announced its support larger deposits. when the government announced its support package - larger deposits. when the government announced its support package they i announced its support package they did explicitly say it wouldn t affect did explicitly say it wouldn t affect your credit score or your chances affect your credit score or your chances of affect your credit score or your chances of getting a mortgage. in reality. chances of getting a mortgage. in reality, however, lenders and their underwriters are looking at it. and we have underwriters are looking at it. and we have seen evidence they are taking we have seen evidence they are taking this into accou
of scotland won t consider people who have taken out the government s self employment grant. 0thers who have taken out the government s self employment grant. others are asking for larger deposits. ientirely self-employment grant. others are asking for larger deposits. when the government asking for larger deposits. when the government announced asking for larger deposits. when the government announced the - asking for larger deposits. when the government announced the support| government announced the support package, government announced the support package, they government announced the support package, they did government announced the support package, they did say government announced the support package, they did say it government announced the support package, they did say it wouldn t i package, they did say it wouldn t affect package, they did say it wouldn t affect your package, they did say it wouldn t affect your credit package, they did say it wouldn t affect
people who have taken out the government s self employment grant in the last year. others, like metro bank and santander, are asking for larger deposits. when the government announced this support package they did explicitly say that it wouldn t affect your credit score or your chances of getting a mortgage. in reality however, lenders and their underwriters are looking at it, and we have seen evidence that they are taking this into account and in some cases it is counting against people taking a mortgage. it is counting against people uk finance represents the industry. it is counting against people it told us lenders must carry out thorough income assessments to make sure mortgages are affordable in the long term. decisions are made on a case by case basis. but there are concerns that people working in hospitality and travel are increasingly being seen as high risk. back in lincolnshire, lisa says she ll now have to spend a big chunk of her deposit on finding a new property to rent.
looking at affordability. there are tighter rules for the 5 million self employed too. natwest and the royal bank of scotland won t even consider people who have taken out the government s self employment grant in the last year. others, like metro bank and santander, are asking for larger deposits. when the government announced this support package they did explicitly say that it wouldn t affect your credit score or your chances of getting a mortgage. in reality however, lenders and their underwriters are looking at it, and we have seen evidence that they are taking this into account and in some cases it is counting against people taking a mortgage. uk finance represents the industry. it told us lenders must carry out thorough income assessments to make sure mortgages are affordable in the long term. decisions are made on a case by case basis. but there are concerns that people working in hospitality and travel are increasingly being seen as high risk.
previously furloughed and works in hospitality. she is back full time but is being turned down by lenders. ijust but is being turned down by lenders. i just feel really unfairly penalised, the truth be told. furlough has protected myjob, because i would have lost that. but i didn t then expect to come out of the other side, to have a deposit and no debt, and all of the things that theoretically should make me an ideal first time buyer, that theoretically should make me an idealfirst time buyer, only that theoretically should make me an ideal first time buyer, only to find out that banks and building societies just will not lend to me at all. ijust societies just will not lend to me at all. i just feel really let down, really let down by it. the at all. i just feel really let down, really let down by it. at all. i just feel really let down, really let down by it. the bbc asked all the major really let down by it. the bbc asked all the major banks really let down by it. the bbc aske