I Have Bad Credit? Can I Remortgage?

No matter your situation, Lendgo.co.uk has a bad credit remortgage for you. We work with a wide array of lenders that specialize in doing remortgages for people with bad credit. People with CCJs, IVAs, Arrears, or bankruptcies are all welcome. Behind on your payments? No Problem! At Lendgo we understand that things do not always go as planned. We closely work with over a thousand mortgage advisors that are able to do remortgage loans for people in any situation at a low rate.

What is A Bad Credit Remortgage?

A bad credit remortgage is no different than a standard loan, except that it might carry a slightly higher interest rate. At Lendgo, we can help you find a low rate on your bad credit remortgage no matter what your circumstance is.

Bad Credit Remortgages, Does The Lender Make a Difference?

When it comes to finding a lender for a bad credit remortgage, not all lenders are the same. Each bank has their own set of criteria for appraising your financial situation. Some have stringent criteria which do not cater to bad credit borrowers; and some have relaxed criteria which cater to bad credit borrowers. The lenders that have a relaxed criteria are the ones that can give you the lowest rate and the best terms. At Lendgo, we can find you the right bad credit lender fast and easy.

What is Bad Credit?

Any history of poor credit usage can be regarded as bad credit, including previous mortgage arrears, non-payment (or late payment) of bills or credit cards, county court judgments (CCJs) and even bankruptcy. There is a chance you may have a bad credit rating and you did not realize it at the time you got your mortgage. Getting a new lender to take a fresh look at your credit status and obtaining a new mortgage can save you money.