Getting ready for your first mortgage

If your name isn't on there, you’ll find it harder to get credit. Go to Your Vote Matters to find out how to register.

If you think information on your file is wrong, ask your bank to correct it or challenge it with the credit reference agency.  Errors on your credit file can lead to your application being rejected. You can find out more about improving your credit file on the Money Advice Service website.

When you apply for a mortgage, lenders will look at your income and outgoings. To prove your income you’ll usually need to show pay slips and bank statements from the last 3 months. If you’re self-employed, you'll need copies of your tax returns and business accounts, all prepared by an accountant.

Make sure you avoid missing card payments or paying late by setting up direct debits. Too much credit could have a negative effect so make sure you cancel any unused cards.

Are you thinking of starting a family sometime soon? Would you still be able to afford your mortgage payments if your income changed?

Think about how any future changes in income or interest rates could affect your ability to make your mortgage payments.