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A smiling young woman sits in on the floor in her house surrounded by open packing boxes

‘Half of would-be buyers rule themselves out of mortgages’ – Lloyds

Aspiring homeowners are ruling themselves out of applying for mortgages because they incorrectly believe they won’t qualify, new research from Lloyds suggests. The study of more than 1,000 prospective first-time buyers found widespread confusion about what could prevent someone from getting a mortgage. More than half (58%) believe, while over a third (37%) think a 20% deposit is essential. Many also

A smiling young woman sits in on the floor in her house surrounded by open packing boxes

‘Half of would-be buyers rule themselves out of mortgages’ – Lloyds

Aspiring homeowners are ruling themselves out of applying for mortgages because they incorrectly believe they won’t qualify, new research from Lloyds suggests. The study of more than 1,000 prospective first-time buyers found widespread confusion about what could prevent someone from getting a mortgage. More than half (58%) believe, while over a third (37%) think a 20% deposit is essential. Many also

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