Bad Credit Mortgages

Lenders look to your credit report for reassurance that you can honour your commitments. A history of late payments or defaults will cause lenders concern. What really matters is how you manage your commitments so that lenders can trust you.

If you have bad credit, there are still lenders who will allow you to remortgage. A poor credit rating may see you paying a higher level of interest or having options that are slightly limited, but it is still perfectly possible.

Yes, you can still get a mortgage with CCJs and defaults. It'll be a little more tricky than with a perfect credit history, but it's still possible by applying to a specialist lender who deals with people who've had credit issues. CCJs and defaults stay on your credit report for six years.

Take steps to repair your credit, raise the biggest deposit possible, and don't make multiple credit applications over a short space of time.