Glow Mortgages Clouds

Welcome to the Glow mortgage eligibility checker.



We don't credit check

We don't need personal details for a basic check

This mortgage eligibility checker does not provide mortgage advice

How much of a deposit do you have for a property?



Now on to your credit history.
Please select one of the options below if you have had credit issues in the past 6 years.



Have you taken out any Payday Loans in the past 6 years?

(A Payday loan is any type of emergency short-term borrowing for quick cash typically under £1,500. Lender examples include Wonga, QuickQuid, MrLender).



Are you able to prove your income by providing Payslips / P60's if employed, or HMRC tax returns (SA302's) or Company Accounts / Accountants Certificate or a Contract if Self Employed?



Typically, most mortgage lenders will require at least a 5% deposit in order to obtain a mortgage on a traditional property purchase.

This can come from a relative or family member as a gift. However, you may be eligible for some special schemes that will help assist you with a deposit such as Help to Buy.



If you have been made bankrupt or have an IVA in the past, we would need to see your discharged papers and a recent copy of your credit report.

It is likely that you will need at least a 15-30% deposit to obtain a mortgage (depending on when the IVA/Bankruptcy was discharged).



With CCJ's in the last 6 years it is likely that you will need at least a 15% deposit to get a mortgage (or 15% equity in your home for a remortgage).

This would be the case even if they are satisfied (paid off) or unsatisfied (not paid off).



With Defaults it is unlikely that we will be able to approach some of the top high street banks. However, it depends on how many you have, the amounts, and how long ago these were.

Recent defaults within the last 2 years are going to potentially cause issues and it is likely that you will need at least a 15% deposit to get a mortgage (or 15% equity in your home for a remortgage).



With late payments there is a chance that we won't be able to approach some of the top high street banks, however it depends on the severity of the missed payments (how many) and how long ago these were.

Even one missed/late payment within the last 2 years could potentially cause a decline with the top lenders, however, other mainstream lenders could look at this. You may also need at least a 15% deposit to get a mortgage (or 15% equity in your home for a remortgage).



Debt Management plans need to have been paid on time for the last 12 months and mortgage lenders will ask for 12 months proof of payments.

With Debt Management plans in place it is likely that you will need at least a 15% deposit to get a mortgage (or 15% equity in your home for a remortgage).



Many of the top mortgage lenders will not proceed if you have taken out this type of finance in the past 6 years, but there are still other mortgage lenders who could help.

Specialist mortgage lenders can consider Payday loans, but not if the Payday loans have been a recent means of supporting your current lifestyle (i.e showing regularly on your credit report over the last 6-12 months).



Unfortunately, mortgage lenders will require either Payslips and P60's if employed, or either HMRC tax returns (SA302's) or Company Accounts / Accountants Certificate or a Contract if self-employed in order to verify income for residential mortgages.



It looks like you could be eligible for a mortgage given your initial responses! 😀

We need to take a closer look though.


See how much you could borrow


We also recommend getting a copy of your credit report.

CheckMyFile are the only UK company to provide your credit report from the four leading agencies (Experian, Equifax, CallCredit and Crediva).

We aren't able to determine yet if you could be eligible for a mortgage.

The next step to finalise your eligibility check is to get your credit report.

We recommend visiting CheckMyFile for your full credit report.

They provide your credit report from Experian, Equifax, CallCredit and Crediva all-in-one.



If you would like further online advice we recommend speaking to the independent Money Helper Service.

They have a live web chat and Whatsapp messaging service.