East Midlands applicants most likely to be denied a mortgage - Mortgage Introducer

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East Midlands applicants most likely to be denied a mortgage – Mortgage Introducer

UK residents who live in the East Midlands area are being denied mortgages compared to those who live in London. It has been found that the residents in East Midlands do not meet the credit requirements of the lenders. Their requirements are too high for those in this area to meet. A Professor has stated that the ability to obtain a mortgage along with the contract helps the welfare of the population and benefits the area. Policy makers need to become aware of the credit restrictions and format laws that will provide better financial regulations.