When it comes to the credit score lenders use, it's important to note that all lenders will utilise a slightly different Credit Report Agency, whether that's Experian, Equifax, TransUnion or a combination of all three! So it is usually a good idea to check out the information against you in each report if you can.

Whilst lenders do use these reports to gather their information, they don’t come to their conclusions based on your credit score alone. They’ll score your profile based on this information and their own assessment, and it is this judgement that will see you into your mortgage.

Often potential buyers can over or underestimate their mortgage potential, either relying on a ‘good’ credit score or not realising the potential in a solid application. At Furness Building Society, we’ll always try to take a holistic approach. Getting as many buyers into their dream home as possible is our aim. We’re proud that our underwriting process is entirely human-led. Because of this, we pick up on a lot more than a computer and can make individual judgements about affordability. We’ll always make every effort to support your home ownership aspirations.

If you’re a first time buyer you might benefit from our handy guide to buying your first home.

Using credit history for a mortgage as well as your credit score is also quite important. Lenders like to see that your finances match up to your application, and better understand your salary and spending

A full credit report will usually go back as far as six years, so previous jobs and spending habits and settled commitments will also be shown for this time.

Generally speaking, your chosen lender will want to make sure there’s nothing out of the ordinary. They’ll want to see some evidence of regular and steady incoming and outgoing payments. Missed bill payments, arrears, defaults or County Court Judgements will all present red flags to your lender, and can be considered an indication of poor financial management.

Find out what affects your credit score most in our article featuring tips for improving the credit score.

There isn't such a thing as a minimum credit score for a mortgage in the UK, however the lower your score, the more likely you will struggle to gain a positive Decision in Principle (DiP). Whilst most lenders prefer a higher score, that's not to say it’s impossible to get a mortgage with a lower one. We would always recommend sitting down with one of our experts and being upfront about your situation; we will endeavour to do our best to help you.

If you do find yourself with a score lower than ‘good’, it’s important to try and raise this in any way you can. You can find out top tips for improving your credit rating here.