What Does It Feel Like To Be Refused A Mortgage

Have you ever been refused a mortgage? You would be surprised just how many people face the frustration of a negative decision on their mortgage applications – the feelings it creates vary, from panic through to sheer incomprehension.

While it’s never pleasant to be told you can’t get a mortgage, it’s worth considering the situation from the lender’s point of view for a moment. A mortgage usually represents a considerable sum of money – according to Credit Action, the average outstanding mortgage is nearly