Residential

Ten mortgage myths debunked – the reality of getting home loan approval

A flutter on the Grand National is not going to derail your mortgage application and having existing debt isn’t a deal-breaker either

If you're regularly spending a lot on gambling, mortgage lenders might worry about your ability to handle money responsibly

Record high interest rates make the process of applying for a mortgage all the more daunting. However, help is at hand from Margaret Barrett, managing director of Mortgage Navigators.

Here, she debunks the ten mortgage myths she hears most often, and advises on the reality of mortgage approval:

1 Myth: Spending on gaming websites means you cannot get a mortgage.

Reality: If you occasionally spend a little money on gambling for fun, like the odd ...