Bad Credit
Remortgage

Yes. Specialist lenders offer remortgage products to borrowers with adverse credit including CCJs, defaults, IVAs and missed payments. It is often easier than a first-time purchase because you already hold equity, and the amount of equity you have is often more important than your credit score. A low LTV significantly expands your options.

A product transfer is a new rate with your current lender; switching means remortgaging with a different lender. Your current lender does not have to offer you a transfer, and if it declines, specialist lenders can still consider you on your current circumstances, equity and credit profile. Darryl compares both routes for your situation before you decide.

The more equity you have, the wider your lender panel and the better the rates. Indicatively (June 2026): 40%+ equity (60% LTV) around 5.3–5.9%, 25–40% equity 5.6–6.4%, 15–25% equity 6.0–6.8%, and under 15% equity 6.5–7.5%. Ranges are indicative and subject to individual circumstances and lender criteria.

Yes, specialist lenders consider remortgage applications with CCJs and defaults. What they weigh is what the issue is, how old it is, whether it is settled and how you have managed credit since. As a guide, the tiers on our defaults page run from a 15%–25% deposit for a settled default under 12 months old, down to around 5% once a default is 3–6 years old or has dropped off, with unsettled defaults needing more at each stage; on a remortgage your equity plays the part a deposit does on a purchase. Small mobile phone or utility defaults under £500 are often ignored entirely. For CCJs, published specialist lender criteria include Pepper Money and Kensington (CCJ at least 6 months old), Aldermore (any CCJ over 6 months old) and Vida (at least 3 months old). Criteria change, so Darryl confirms live criteria before any application.

Some specialist lenders consider borrowers on a Debt Management Plan. As a guide, an active DMP under 12 months old needs around 25%–30%, 12–24 months around 15%–25%, and over 2 years around 10%–15%, while a completed or cleared DMP can need as little as 5%–10% (equity plays the part a deposit does on a purchase). A clean payment record on the DMP matters more than almost anything else. Mortgage arrears within the last 12 months significantly restrict options; if arrears are over 12 months old and resolved, some specialist lenders will consider your application, particularly with strong equity. Darryl assesses the timing and advises on feasibility.

It depends on which agency's scale you are looking at, because Experian, Equifax and TransUnion each score differently. Either way, lenders who underwrite manually look at what is on your file and how you have managed credit since, not just the headline number. Darryl reviews the full picture rather than the score alone.

This is more common than people realise. Your current lender is under no obligation to offer you a new deal. A specialist broker can approach other lenders who will consider your application based on your current equity position and credit profile.

Standard Variable Rates are typically 2-4% higher than fixed rates. On a £200,000 mortgage, moving from a 5% fixed to a 9% SVR costs approximately £333 extra per month. Even a specialist remortgage at 6-7% saves significantly against an SVR.

Yes, additional borrowing as part of a remortgage is possible with adverse credit. The total loan must remain affordable and within specialist lender LTV limits. Darryl assesses whether the additional borrowing is viable before any application.

Your credit score affects which lenders will consider you and at what rates. Your income and existing equity determine the maximum loan. Darryl calculates both figures at the outset so you know exactly what is achievable.

Debt consolidation remortgages with adverse credit are possible but must be approached carefully. Adding unsecured debt to your mortgage reduces your monthly outgoings but increases the total amount secured against your home. Darryl provides full cost comparisons before any recommendation.