{"id":6027845,"date":"2019-12-03T13:15:28","date_gmt":"2019-12-03T13:15:28","guid":{"rendered":"https:\/\/www.buyassociation.co.uk\/?p=6027845"},"modified":"2019-12-03T13:15:28","modified_gmt":"2019-12-03T13:15:28","slug":"these-are-the-most-mortgage-ready-places-in-the-uk","status":"publish","type":"post","link":"https:\/\/www.buyassociationgroup.com\/en-au\/news\/these-are-the-most-mortgage-ready-places-in-the-uk\/","title":{"rendered":"These are the most \u2018mortgage-ready\u2019 places in the UK"},"content":{"rendered":"

Analysis of 4,000 homebuyers by Mojo Mortgages has revealed that Nottingham is the UK\u2019s most mortgage-ready city. <\/strong><\/p>\n

The mortgage broker analysed the homebuyers’ data to rank 30 towns and cities in terms of the average mortgage readiness of their inhabitants with scores out of 1,000. Nottingham<\/a> scored first place with 694, closely followed by Stockport at 684 and Basildon at 669.<\/p>\n

Hull (600), Bolton<\/a> (595) and Manchester<\/a> (591) are all mid-ranking but, at the other end of the scale, Wolverhampton is the least \u2018mortgage-ready\u2019 with a score of 514. Wolverhampton accompanies Bristol (545) and Birmingham (562) at the bottom of the table.<\/p>\n

According to the broker, people with scores between 400 and 500 are mortgage-ready but may require specialist lending products. The ideal score is 600, where customers gain access to the broadest range of mortgage products and therefore, a better chance of getting a good deal.<\/p>\n

In January, Mojo is planning to launch MortgageScore\u2122 to support customers who want to improve their chances of securing the best possible mortgage.<\/p>\n

Richard Hayes, chief executive and co-founder of Mojo Mortgages, said: \u201cA staggering 83% of our customers didn\u2019t know whether they had a good enough credit score<\/a> to get a mortgage. By launching this new service, customers won\u2019t be left in the dark about what they need to do to get mortgage-ready.\u201d<\/p><\/blockquote>\n

Mortgage readiness (best to worst)<\/strong><\/h4>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Town\/city<\/strong><\/td>\nMortgage score (out of 1,000)<\/strong><\/td>\n<\/tr>\n
Nottingham<\/td>\n694<\/td>\n<\/tr>\n
Stockport<\/td>\n684<\/td>\n<\/tr>\n
Basildon<\/td>\n669<\/td>\n<\/tr>\n
Cambridge<\/td>\n655<\/td>\n<\/tr>\n
Ilford<\/td>\n644<\/td>\n<\/tr>\n
Leicester<\/td>\n629<\/td>\n<\/tr>\n
Derby<\/td>\n624<\/td>\n<\/tr>\n
Milton Keynes<\/td>\n621<\/td>\n<\/tr>\n
Southampton<\/td>\n613<\/td>\n<\/tr>\n
Liverpool<\/td>\n611<\/td>\n<\/tr>\n
Reading<\/td>\n611<\/td>\n<\/tr>\n
Northwich<\/td>\n605<\/td>\n<\/tr>\n
Hull<\/td>\n600<\/td>\n<\/tr>\n
Bolton<\/td>\n595<\/td>\n<\/tr>\n
Manchester<\/td>\n591<\/td>\n<\/tr>\n
Stoke-on-Trent<\/td>\n590<\/td>\n<\/tr>\n
Edinburgh<\/td>\n588<\/td>\n<\/tr>\n
Leeds<\/td>\n586<\/td>\n<\/tr>\n
Glasgow<\/td>\n585<\/td>\n<\/tr>\n
London<\/td>\n581<\/td>\n<\/tr>\n
Macclesfield<\/td>\n580<\/td>\n<\/tr>\n
Bradford<\/td>\n580<\/td>\n<\/tr>\n
York<\/td>\n576<\/td>\n<\/tr>\n
Coventry<\/td>\n572<\/td>\n<\/tr>\n
Peterborough<\/td>\n570<\/td>\n<\/tr>\n
Sheffield<\/td>\n568<\/td>\n<\/tr>\n
Luton<\/td>\n562<\/td>\n<\/tr>\n
Birmingham<\/td>\n562<\/td>\n<\/tr>\n
Bristol<\/td>\n545<\/td>\n<\/tr>\n
Wolverhampton<\/td>\n514<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Analysis of 4,000 homebuyers by Mojo Mortgages has revealed that Nottingham is the UK\u2019s most mortgage-ready city. The mortgage broker analysed the homebuyers’ data to rank 30 towns and cities in terms of the average mortgage readiness of their inhabitants with scores out of 1,000. Nottingham scored first place with 694, closely followed by Stockport… Read more »<\/a><\/p>\n","protected":false},"author":3380,"featured_media":6027753,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[26],"tags":[25],"class_list":["post-6027845","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tax-mortgages-money","tag-mortgages"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/posts\/6027845","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/users\/3380"}],"replies":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/comments?post=6027845"}],"version-history":[{"count":0,"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/posts\/6027845\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/media\/6027753"}],"wp:attachment":[{"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/media?parent=6027845"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/categories?post=6027845"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-au\/wp-json\/wp\/v2\/tags?post=6027845"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}