Credit Report
​Whether you're buying a new property or remortgaging an existing home, one of the most important first steps is to check your credit report.
​
Why It Matters
Lenders will assess your credit file using one or more of the UK’s major credit reference agencies (such as Experian, Equifax, or TransUnion) before deciding whether to approve your mortgage. This credit check helps them evaluate how you've managed borrowing in the past—and whether you're likely to keep up with future mortgage repayments.
​
Be Mortgage-Ready
By reviewing your credit report before applying, you can:
​
-
Spot and correct any errors that could impact your application
-
Identify outstanding issues such as missed payments or defaults
-
Take steps to improve your credit score, boosting your chances of approval​
​​
Need Help Understanding Your Report?
At Mortgage Centre, we’ll walk you through how to access your credit file and what to look for. We can also help you make sense of your score and guide you on improving it if needed.
​
Try "Checkmyfile's" credit report service.
It is FREE for 30 days, then £14.99 a month – cancel anytime
Clicking the above button means you are about to leave the website of Mortgage Centre and view the content of an external website. Mortgage Centre cannot be held responsible for the content of external websites.
How credit scores work
In the UK, your credit score plays a major role in determining your ability to secure a mortgage—and the interest rate you'll pay. That’s why understanding how it works is key to getting the best deal.
What Is a Credit Score?
Your credit score is a number that reflects how well you manage credit. It’s calculated by one or more of the UK’s four main credit reference agencies:
​
-
Equifax
-
Experian
-
TransUnion
-
Crediva​
These agencies collect and assess your financial behaviour—such as bill payments, loans, and credit card usage—to help lenders decide how risky it is to offer you credit.
​
Why It Matters for Your Mortgage
Your credit score can influence:
​
-
Whether you’re approved for a mortgage
-
Which lenders will consider your application
-
The interest rate and terms you're offered
-
Your ability to remortgage in the future
​​
A higher score generally means access to better mortgage products with lower rates.
​
How We Use Your Credit Report
​
As part of our mortgage assessment process, we review your credit history to match you with the most suitable lenders—especially if you’ve had adverse credit such as CCJs, defaults, or a Debt Management Plan (DMP).
​
We encourage you to view your credit report firsthand so you can better understand your financial profile. You can do this in two ways:
How to Access Your Credit Report
​
Option 1: Request Directly from Agencies
You can obtain a free statutory credit report from Equifax, Experian, TransUnion, or Crediva—individually or all four.
Option 2: Use Our Trusted Partner Tool
We can connect you with our trusted partners, who offer a comprehensive multi-agency report, showing your data from all four agencies in one place. This gives you:
​
-
A clear, side-by-side comparison
-
Greater insight into how lenders see you
-
A stronger position to make informed decisions
​See Your Multi Agency Credit Report FREE
Try it FREE for 30 days, then just £14.99 per month - cancel anytime.
​
Once you have obtained a copy of your credit report, please reach out to us at Mortgage Centre. We’ll be happy to discuss the next steps and guide you through the process of securing the best mortgage option for your needs