Mortgages after using payday loans

Need a mortgage with payday loans on your credit file? You’re in the right place. We’re specialist mortgage brokers with a proven track record of making mortgages possible for people who’ve taken out payday loans, like you.

Get started
Illustration of a man staring at his motorcycle with a flat rear tyre
Featured in:

Can I get a mortgage after a payday loan?

Yes, it's possible to get a mortgage after a payday loan! But it’ll be more difficult than if you hadn’t used one. Payday loans affect how likely a lot of lenders will be to consider you, especially if you have any other issues on your credit file.

Lenders tend not to like seeing payday loans on an applicant’s credit file because it looks like you’ve had financial issues in the past, and therefore might not be able to keep up with mortgage repayments if they lend to you. 
But just because some of the mainstream lenders will refuse you doesn’t mean all lenders will. Lenders have their own rules - known as lending criteria - when it comes to giving mortgages to people who’ve used payday loans. Some might turn down your application as soon as they know about it – even if it was five or six years ago. But specialist lenders might consider you. They’re more likely to be willing to look at your individual situation, rather than just turn you down on the spot. 

Specialist lenders will usually want to know: 

  • When you took out the loan(s)

  • How much you borrowed

  • How many times

  • How quickly you paid them back

Using this information, they’ll decide whether they’re willing to lend to you. Quite often, they’ll look at how long ago the last payday loan was taken out. If it was recent, they’re less likely to accept you for a mortgage. But if it was years ago, that will work in your favour.

Got questions?

Why do mortgage lenders dislike payday loans?

How long can lenders see a previous payday loan?

What are my options if I’ve been declined a mortgage due to a payday loan?

How soon after taking out a payday loan can I apply for a mortgage?

Do payday loans help you get a mortgage?

Will payday loans mean I can borrow less?

How much can I borrow on a mortgage if I’ve used payday loans?

Are payday loans a sign of bad credit?

Should I improve my credit score before applying for a mortgage with payday loans?

How can I improve my credit score before getting a mortgage?

Why use Haysto?

We get how it feels when you’re refused a mortgage. We’ve been there. Haysto exists because the mortgage world is broken. If you don’t have a shiny credit rating, you’re self-employed with a complex income, or just don’t fit the mould, the odds are completely stacked against you. We just don’t think that’s fair.

Read our story

We help when others won’t

Unlike others, we only work on bad credit, self-employed and complex mortgages. That’s all we do. And we’re up for a challenge.


Speak to a real person

No robots, no automated answers. We use technology to connect you to a real person. Not replace them.


Your success is our success

We only get paid when your mortgage is approved.

useful links

Our Guides

Applying for a mortgage or understanding your options shouldn't be confusing, yet there are just so many myths doing the rounds and it's not easy to know where to turn to get the right advice.

Haven't we met before?