CHECK YOUR CREDIT
What is a credit score?
It’s a number (between 300 and 999) that reflects your credit history—things like how much debt you have, how often you repay on time, and how many accounts you’ve opened. The higher your score, the better your chances with lenders.
Checking Your Credit Rating
If you’re preparing to apply for a mortgage, one of the first steps is understanding your credit score. The good news—it’s quick and simple to check. You can access your credit report through agencies such as Checkmyfile, Equifax, or Experian. Most offer a FREE 30-day trial, after which a monthly fee applies—but you’re free to cancel at any time. Monitoring your credit health in the months leading up to your application can make the process smoother and may even open the door to better mortgage options. A little preparation now can make a big difference when it comes to securing your new home.
How to improve your score
- Pay bills on time – Missed or late payments can harm your score. Setting up direct debits helps avoid this.
- Register on the electoral roll – Lenders use it to confirm your address, and it can positively impact your rating.
- Reduce existing debt – Paying down credit cards and loans shows lenders you manage credit responsibly.
- Limit new credit applications – Too many applications in a short space of time can reduce your score.
- Check for errors – Review your credit file regularly and dispute any inaccuracies.
- Keep older accounts open – A longer credit history demonstrates consistent financial management.
Taking these steps now can put you in a stronger position when it’s time to apply, helping you move one step closer to your dream home.
Can I still get a mortgage with a low score?
Yes—but it might be harder. Lenders also look at your income, deposit size, and how affordable the repayments will be. If your score’s on the lower side, it’s a good idea to speak with a mortgage adviser early to understand your options.