Getting on the property ladder is tough enough — and if you have little or no credit history, it can feel like an uphill battle. But having a limited credit file doesn’t mean your homeownership dreams are out of reach.
Why Credit History Matters to Lenders
Lenders use your credit history to predict how reliable you’ll be when it comes to repaying a loan. But if you haven’t used much (or any) credit, they don’t have much to go on. This can lead to:
- Fewer mortgage options
- Higher interest rates
- The need for a bigger deposit
How Path Mortgages Can Help
We work with a wide range of lenders — including those who specialise in helping people with limited or no credit history. Here’s how we support you:
✅ Tailored advice: We assess your full financial picture, not just your credit score
✅ Access to specialist lenders: Some lenders will consider other factors like rental history, steady income, or savings
✅ Help preparing your application: We’ll guide you on what documents to gather and how to improve your chances
✅ Simple explanations: We keep things clear, jargon-free, and focused on your goals
Top Tips to Boost Your Chances
While we do the legwork, there are things you can do too:
- Register on the electoral roll
- Set up a direct debit for a mobile bill or streaming service
- Avoid payday loans and unnecessary credit checks
Ready to Take the Next Step?
Even with a thin credit file, you’ve still got options. At Path Mortgages, we make sure you’re not walking this path alone.
*Your home may be repossessed if you do not keep up repayments on your mortgage*
