Tuesday 17 May 2011

How can I be turned down for a mortgage? | This is Money

How can I be turned down for a mortgage? | This is Money

On what grounds can I be turned down for a mortgage? I have had an offer accepted on a flat, passed the credit checks and the survey was fine. However the mortgage company is now saying it will not lend because the home is in a 'mixed commercial and residential area' and has a railway line close.!

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