Remortgage with bad credit

We’ll match you to the perfect broker to help secure the best mortgage deal for you – fast, easy and free.
All of our partner advisers have access to the whole market so that you get the best deal available.
Mortgages made easy. We’ll match you to the perfect broker to help secure the best mortgage deal for you – fast, easy and free. Try our 60 Second Mortgage Qualifier.

Mortgage Qualifier

1 minute. That’s all it takes to find out if you are likely to be accepted for a mortgage and it won’t impact your credit score. It really is that easy.
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Mortgage Advisor introduction

We will match you to a Mortgage Advisor who will understand your circumstances and help secure the best mortgage for you.

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Completely free

Our Mortgage Advisor introduction and matching service is 100% free. We don’t charge a fee, your broker may charge once successful.
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Can You Remortgage with bad credit?

Understand Your Own Credit Score

Before you can make an informed decision about how to apply for a remortgage with bad credit, you need to understand what the mortgage companies can see. There are three different credit checking agencies in the UK. These are Equifax, CallCredit and Experian. You can sign up to each agency to find out what information they have about you. Once you know what the mortgage companies can see, you can understand how to present yourself in the best possible light.

Make corrections

Sometimes, the reason that your credit score is poor will be obvious. For example, regularly missing payments can be detrimental to your credit score. However, there are sometimes mistakes on your credit score which can have a negative impact on your score. It’s important to check your credit file, make sure that everything is correct and up to date, and then make corrections as required.

Shop around

Many people initially apply with their existing mortgage provider as they assume that this will give them the best chance of success. There is no reason for your existing mortgage provider to approve your remortgage application, so it’s worth shopping around. Some mortgage providers specialise in working with people with bad credit and will be able to give you the best possible advice.

Improve your credit score

If you are rejected on a number of occasions, this can start to compound the negative impact on your credit score. If this is happening, it’s best to wait a while and give your credit score time to heal. It can take a few months for past searches to drop from your file, so use the time to build a few months of good credit history. Make sure all payments are made on time and look for ways to reduce your debt. Close any old accounts that you don’t use anymore and focus on keeping your primary accounts in good standing.

Don’t give up

Even the worst credit history can be fixed given time. If you are struggling with debt, it might be worth speaking to a debt advisor to see how you can consolidate debt and control your spending. Focus on keeping your spending under control and look for ways to pay off debt faster. In general, you should aim to keep your credit card debt under 50% of your total allowance, so paying off your credit card in full at the end of every month is hugely beneficial. While it might be more difficult, getting a remortgage with bad credit isn’t impossible. Sometimes, all you need to do is speak to the right mortgage broker.

Niche Mortgage Info is a guidance website and introducer and is not regulated by the FCA. All of the advisers we partner with work only for firms who are authorised and regulated by the FCA and specialise in a number of different fields. They will offer any advice specific to you and your needs. The information on the site is not tailored advice to each individual reader, and as such does not constitute financial advice.

By making an enquiry you accept that your information will be passed to one of the specialists.