Improve Credit Score Before Mortgage Application

Check Your Credit Report Regularly:
Begin by obtaining your credit report from UK agencies like Experian, Equifax, or TransUnion. Scrutinise it for errors or outdated information that might be holding your score back. Address any inaccuracies promptly to keep your report in top shape.

Register on the Electoral Roll:
If you're not registered to vote at your current address, now's the time. Being on the electoral roll not only confirms your identity to lenders but also gives your credit score a healthy boost.

Pay Your Bills on Time:
Timely bill payments are a cornerstone of a strong credit history. Set up direct debits for regular payments to ensure you never miss a due date, reinforcing your reliability to potential lenders.

Reduce Your Debt Utilisation:
Aim to keep your credit utilisation below 30%. For instance, with a £2,000 credit limit, try not to exceed £600 in outstanding balances. This demonstrates responsible credit management.

Avoid Applying for Too Much Credit:
Multiple credit applications in quick succession can dent your score. Apply for credit only when necessary to maintain a healthy report.

Pay Off Outstanding Debts Strategically:
Focus on clearing high-interest debts first. This not only saves money but also enhances your credit score.

Keep Old Credit Accounts Active:
The length of your credit history matters, so keep old accounts open unless absolutely necessary.

Improving your credit score requires patience and discipline, but the benefits are undeniable. A better score can unlock more competitive mortgage deals, making your home-buying journey smoother and more affordable. And remember, if you need expert advice on navigating the property market, we're here to help.