Yes, you can still remortgage even if you have a County Court Judgment (CCJ) or default on your credit history. Many specialist lenders understand that financial challenges can happen and offer deals tailored to homeowners in these situations.

These lenders look beyond your credit record and focus on factors like your income, equity, and overall financial situation. While the terms might differ slightly from standard mortgages, a remortgage can still help you lower payments, consolidate debt, or release equity.

At Green Mortgages, we work with a wide network of lenders who specialise in supporting homeowners with adverse credit. Our advisors will guide you through your options and help you secure the best possible deal.

Absolutely. Remortgaging with adverse credit can bring a host of benefits, including:

• Lower monthly payments: Switching to a better deal can reduce your financial strain.
• Debt consolidation: Combine multiple debts into one manageable payment, often at a lower interest rate.
• Opportunity to rebuild credit: Making consistent, on-time payments on your new mortgage can improve your credit score over time.

A remortgage tailored to your situation can provide the breathing room you need to regain control of your finances. Our advisors at Green Mortgages will work closely with you to find a solution that delivers both immediate relief and long-term benefits.

The process for remortgaging with adverse credit is similar to a standard remortgage, but it requires careful consideration of specialist lenders who understand credit challenges. Here’s how it works:

1. Initial Review: We’ll discuss your goals, assess your current mortgage, and identify lenders who match your situation.
2. Application Submission: Once we’ve found the best option, we’ll guide you through the application process and handle the paperwork.
3. Property Valuation: The lender may arrange a valuation to confirm the current market value of your home.
4. Approval and Completion: Once the remortgage is approved, your new deal will start, and any existing mortgage will be settled.

At Green Mortgages, we make the process straightforward and stress-free, ensuring you’re fully supported every step of the way.

It’s true that remortgaging with adverse credit can come with slightly higher interest rates, as lenders may view it as a higher risk. However, the long-term savings and benefits often outweigh the costs.

Here’s why:

• Debt consolidation savings: Rolling high-interest debts into your mortgage can lower your overall interest rate significantly.
• Lower monthly payments: Even with a higher rate, the savings from switching to a more manageable payment can ease financial pressure.

Our team at Green Mortgages will provide a clear breakdown of costs and help you weigh the potential savings, ensuring you make an informed decision.

Yes, you can access equity in your home even if you have adverse credit. Equity is the value of your home minus what you owe on your current mortgage, and many lenders are willing to offer deals that allow you to borrow against it.

Releasing equity can be used for:

• Home improvements, such as renovations or energy-efficient upgrades.
• Debt consolidation to simplify payments and lower overall costs.
• Major expenses like education, medical bills, or investments.

Our advisors will help you explore options that work for your needs while keeping your payments affordable.

The process of remortgaging with adverse credit typically takes 4-8 weeks, depending on factors like the lender’s requirements and property valuation. Here’s an overview of the timeline:

1. Consultation: We assess your situation and recommend tailored options.
2. Application Submission: Once you choose a deal, we handle the paperwork and submit it to the lender.
3. Valuation: If required, the lender arranges a property valuation.
4. Approval and Completion: Your new mortgage is finalised, and your old one is settled.

We’ll keep you updated at every stage to make sure the process is smooth, efficient, and stress-free.