Yes — and in many cases, it’s easier than people think.

If your current mortgage deal is ending, or you want a better rate, release equity, or consolidate debt, bad credit doesn’t have to stop you. We’ve helped people remortgage with imperfect credit  — from late payments to defaults, CCJs, and debt management plans.

Here’s what you need to know

The key is finding a lender who understands your situation. Many high‑street banks rely on strict credit scoring, but specialist lenders take a more flexible, common‑sense approach.

You may be able to remortgage even with:

• Late or missed payments
• Defaults (recent or historic)
• CCJs
• High credit card balances
• Payday loan history
• Debt management plans
• Low credit scores
• Limited credit history

Some issues matter more than others — but very few things make remortgaging impossible.

What Credit Do Lenders Look At?

Different lenders view credit issues differently. Generally:

Mild Issues (Often Accepted)

• 1–2 missed payments
• Small, older defaults
• High utilisation
• Old payday loan use

Moderate Issues (Accepted by Specialist Lenders)

• Several defaults
• CCJs over 12 months old
• DMPs

Severe Issues (Case‑by‑Case)

• Recent CCJs
• Recent large defaults
• Bankruptcy/IVA
• Ongoing DMPs

Even severe issues can be workable with the right lender and enough equity.

How Much Equity Do You Need to Remortgage with Bad Credit?

The more equity you have, the better your options.

Here’s a rough guide:

• More than 15% equity: Many lenders available
• 20–25% equity: Great for higher‑risk credit issues
• 5–10% equity: Limited but still possible in some cases

Can You Remortgage to Pay Off Debt?

Yes — and many people do this to:

• Reduce monthly outgoings
• Clear high‑interest credit cards
• Remove loans or overdrafts
• Improve future affordability

However, lenders will want to make sure it’s the right long‑term decision. We compare all options so you know what’s genuinely best for you.

While consolidating debt into your mortgage can simplify your finances, it’s not without drawbacks:

• Higher long-term costs – Short-term debts could end up being repaid over 25+ years, increasing the total interest paid.
• Secured borrowing – Your mortgage is secured against your home. If you fall behind on repayments, your property could be at risk.
• Credit impact – If you’ve had financial difficulties, your credit score may affect your ability to borrow more. Applying without advice could worsen your credit position.

That’s why it’s essential to speak to a qualified mortgage broker before making any decisions.

What Mortgage Rates Can You Get with Bad Credit?

Rates depend on:

• The age of the credit issues
• The severity
• Your loan‑to‑value

When Should You Start the Remortgage Process?

We recommend you start 6 months before your current deal ends — especially if you have bad credit.

This gives time to:

• Check your credit reports
• Fix any errors
• Find the best lender for your case
• Lock in a rate
• Avoid falling onto the lender’s SVR

A little preparation makes a big difference.

How to Improve Your Chances of Being Approved

Before applying, try to:

• Reduce credit card balances where possible
• Avoid new credit applications
• Stay within overdraft limits
• Keep direct debits stable
• Check your credit file with all three agencies
• Avoid missed payments
• Speak to a mortgage broker first

This avoids unnecessary declines and keeps your options open.

Why Use a Broker for a Bad‑Credit Remortgage?

Because every lender views bad credit differently.
A broker can:

• Find lenders open to your specific credit issues
• Prevent declines that harm your score
• Save you money by comparing deals across the market
• Handle everything with your current lender and solicitor
• Find options that aren’t available direct to consumers

It takes the stress away and gives you the best chance of approval.

Ready to See What’s Possible?

You can remortgage with bad credit — and in many cases, you have more options than you think. Whether you want a better rate, debt consolidation, or money for home improvements, we can look at the whole market and show you what’s available.