More than a quarter of Scots (27 percent) searching for their first or next property are concerned their mortgage application may not get accepted.
People’s concerns vary quite significantly depending on where they live. Londoners are most concerned their application may get rejected (54 percent), closely followed by aspiring homeowners in the Midlands (46 percent) and south-east (40 percent).
In contrast, respondents in the north-east of England and Yorkshire and the Humber were most confident, with less than a fifth (19 percent) indicating they are worried about the outcome of their application.
Advice from the TSB, which carried out the research, is to check with your bank or building society how much you can borrow before searching for properties and have realistic expectations about what you are able to repay.
To improve your understanding of mortgages, check out the free Money Advice Service or speak to a mortgage adviser.
Scottish consumers believe the greatest barrier to their mortgage application not being accepted is the fact that they are buying on their own (38 percent). An insufficient deposit (36 percent) and low salary (28 percent) were also common concerns among respondents.