No, not necessarily. Despite only having a single income contributing to your affordability calculations, you will also only have a single person’s expenses contributing to your monthly outgoings. As a result, you can still achieve an adequate mortgage without an additional party, and the choice of lenders should not be too limited. If you have bad credit or any complications in your financial history, this may reduce the number of deals available to you. Even in these circumstances, though, When the Bank Says No has helped single applicants achieve the finance they need to purchase their own home by liaising with specialist bad credit lenders.