With mortgage application rejections on the rise in the UK, there's growing concern over how the process could affect Brits’ mental health.
Of those who’ve experienced rejection when applying for a new mortgage, 31% claim they were left feeling depressed, according to a survey by specialist mortgage broker Haysto.
More than half (53%) felt marginalised, unfairly treated and with a sense of injustice as a result, while 21% said the process had left a long-term negative effect on their mental health.
Haysto has recently launched to make mortgages possible for those who have the odds stacked against them and may have previously been told they won’t be able to get one. The firm specialises in bad credit, self-employed and complex mortgages.
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