Driven by changing employment and living patterns, the growth of the gig economy and the rapidly rising cost of living, as many as half a million borrowers could be locked out of the UK mortgage market.
Our nationwide study estimates one in two people (53%) already fall into one or more lending criteria classed as non-standard. And of the 7,000 consumers we surveyed, 19% said they'd been rejected for a mortgage within the last five years citing the following reasons:
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