Homeowners are being refused mortgages for 'the most spurious of reasons' amid claims that lenders are seizing on any excuse to reject applications.
One application was rejected because the customer had exceeded their overdraft limit by just £30. Another would-be buyer was turned down because of an unpaid parking ticket. He had been issued with a county court judgment against him - leaving a black mark on his credit history.
There have been similar cases involving people pursued for repayment of disputed mobile phone bills who suddenly find lenders do not want their business.
Those coming to the end of existing mortgage deals have been shocked to find their profile has been tarnished over minor matters, meaning they will not pass credit searches used by the banks to check a customer's credit-worthiness
One application was rejected because the customer had exceeded their overdraft limit by just £30. Another would-be buyer was turned down because of an unpaid parking ticket. He had been issued with a county court judgment against him - leaving a black mark on his credit history.
There have been similar cases involving people pursued for repayment of disputed mobile phone bills who suddenly find lenders do not want their business.
Those coming to the end of existing mortgage deals have been shocked to find their profile has been tarnished over minor matters, meaning they will not pass credit searches used by the banks to check a customer's credit-worthiness