If you’re thinking about buying a home in the UK, one of the first things lenders will check is your credit score. But what does your credit score really mean? And can you still get a mortgage if your score is less than perfect?
At Just Mortgages we believe that understanding your credit profile is the first step toward successful homeownership, regardless of your credit score. Whether you have an excellent score, a fair one, or you're working to improve it, this guide is packed with practical, clear advice to help you move forward with confidence.
What Is a Credit Score and Why Does It Matter for Mortgages?
Your credit score is a number that reflects how reliable you are when it comes to borrowing and repaying money. Lenders use it to assess how much of a risk you may pose.
In the UK, credit scores are calculated by three main credit reference agencies:
- Experian (0–999)
- Equifax (0–1000)
- TransUnion (0–710)
Each agency has its own rating system, but broadly speaking:
- Excellent: More mortgage options and lower interest rates
- Fair: Some limitations, possibly higher rates
- Poor: Limited lenders, stricter conditions
- Very Poor: Fewer options, may need a specialist lender
What Affects Your Credit Score?
Several factors can raise or lower your credit score:
Payment history – Missing payments or making them late harms your score
Credit utilisation – Using too much of your available credit can be a red flag
Length of credit history – Longer histories tend to score better
Types of credit – A mix (e.g. credit card + loan) may be favourable
Recent applications – Too many in a short time lowers your score
Public records – CCJs, IVAs, or bankruptcies reduce your creditworthiness
What’s a “Good” Credit Score for a Mortgage in the UK?
There’s no universal number that guarantees mortgage approval. However, a score considered "good" by credit agencies can help you qualify for better interest rates and more flexible repayment terms.
As a general rule of thumb:
- Above 800 (Experian) / Over 700 (TransUnion) / Above 800 (Equifax) = Strong position
- 600–799 = Still viable, though some lenders may be more cautious
- Below 600 = May require specialist mortgage advice
Can You Get a Mortgage with a Low Credit Score?
Yes, you can. A poor credit score doesn’t automatically disqualify you from getting a mortgage. Many specialist lenders in the UK are willing to consider applications from people with:
- CCJs (County Court Judgments)
- Defaults
- Missed payments
- Debt management plans
- Bankruptcy (if discharged)
These lenders assess your current affordability, income stability, and recent financial behaviour—not just your credit file.
Tips to Improve Your Mortgage Prospects—Even with Bad Credit
- Check Your Credit Reports
Order reports from all three UK credit reference agencies. Review for mistakes, outdated information, or fraudulent activity. Correcting errors can quickly improve your score.
- Register on the Electoral Roll
Being registered at your current address helps lenders verify your identity and improves your score.
- Build a Positive Credit History
Use a credit builder card or repay a small loan consistently to show responsible financial behaviour.
- Save a Larger Deposit
A higher deposit (e.g. 15%–30%) reduces the lender’s risk and increases your chances of approval.
- Reduce Your Debt-to-Income Ratio
Pay down debts where possible. Lenders favour applicants with lower levels of outstanding credit.
- Work with a Mortgage Adviser
A broker who understands the adverse credit market can match you with lenders who are more likely to say “yes.”
Why Choose Just Mortgages?
We specialise in credit-aware mortgage solutions tailored to your personal financial situation. Whether your credit score is excellent or needs improvement, we can:
- Access a panel of mainstream and specialist lenders
- Offer transparent, no-obligation advice
- Help you boost your approval odds
- Guide you through every step of the process
Get Expert Help Today
Don’t let your credit score hold you back. Whether you’re just starting your mortgage journey or have been turned down before, we’re here to help.
Approved by The Openwork Partnership on 24/06/2025