In a survey of 200 mortgage brokers were asked what percentage of mortgage enquiries had been declined over the past six months because their clients did not achieve a sufficiently high credit score.

Whilst things have eased slightly since the financial markets meltdown of 2007/8, first time buyers still face a number of obstacles if they are to afford their first step on the property ladder.

Unfortunately many people have used interest only as a way of making sure they can actually afford the mortgage in the first place and deferred worrying about how they are going to pay it back.

Your current account is the bank account you use the most. And yet it’s the one most of us spend the least time selecting.

Mortgage lending could remain subdued for up to five years as lenders grapple with a £300bn funding gap, a Council of Mortgage Lenders adviser has warned.

Credit is an interesting facet of modern life. The more you spend the more credit you get, but the more of that credit you spend, the less credit you get.

With fixed-rate mortgage rates at their lowest in nearly a year and fears growing about a rise in interest rates, is it time to fix your mortgage?

Mortgages are a big financial investment, and with so many different mortgages on offer, it is vital that you do some groundwork in order to maximise your chance of finding the best deal.

Legal & General Mortgage Club has launched a new mortgage where applicants do not need to be credit scored. The two-year fixed-rate mortgage, which has a rate of 3.35pc, is the only offer of its kind available to borrowers.

No wonder people are piling into more speculative investments – they’d rather take an uncertain risk than the guaranteed loss you’ll get with most savings accounts.