Find a remortgage matched to your situation
After a debt solution, remortgaging may help you access a different rate or release equity. We connect you with specialist lenders who understand your history. Explore remortgage options and see what may be available to you.
Explore your remortgage options
After a debt solution, remortgaging can help you secure a better rate or release equity. We connect you with specialist lenders who understand your history. Answer a few quick questions so we can help match you with remortgage options that could be right for you. Checking your options won't affect your credit score.
Why consider a remortgage?
Remortgaging means switching your current mortgage to a new deal, either with your existing lender or a new one. After a debt solution, specialist lenders may be able to help you access better rates or release equity from your home. You should think carefully about affordability over the full term before making changes to your mortgage.
Lower your rate
If you're on your lender's standard variable rate, remortgaging could help you find a more competitive deal. However, if you have adverse credit, the rates available to you may be higher than standard. Compare the overall cost of any new deal carefully before proceeding.
Release equity
If your property has increased in value, remortgaging may allow you to release some of that equity. Bear in mind this increases your mortgage balance and the total interest you pay over the full term, so consider carefully whether the long-term cost is worthwhile.
Consolidate debts
Some homeowners use remortgaging to bring existing borrowing into their mortgage. This can reduce monthly costs but usually means paying interest over a much longer period, increasing the total amount repaid. Unsecured debts also become secured against your home.
Switch lender
After a debt solution, specialist lenders may offer terms that better suit your circumstances. Switching can involve valuation, legal and arrangement fees, and a better deal is not guaranteed. Compare the total cost against your existing arrangement before deciding.
Your home may be repossessed if you do not keep up repayments on your mortgage.
A remortgage is secured against your property. Make sure you can comfortably afford the repayments over the full term before proceeding, and consider what would happen if your circumstances changed.
Key information
- Rates and terms vary by lender
- Personalised rate shown before you apply
- Subject to status and affordability
- Our broker service is free
- Third-party fees may apply (valuation, legal, arrangement)
- Early repayment charges may apply
How we work
- Credit broker, not a lender
- We introduce you to FCA-authorised lenders
- We may receive commission — this doesn't affect your cost
- No obligation to proceed
- Authorised and regulated by the FCA
- Free to seek independent advice
Late repayment can cause you serious money problems. For help, go to moneyhelper.org.uk
Remortgages — FAQs
Common questions about remortgaging after a debt solution, what to expect with adverse credit and the important risks to consider.
Can I remortgage after an IVA or debt management plan?
It may be possible to remortgage after completing an IVA, debt management plan or other debt solution, but it depends on your individual circumstances. Some specialist lenders consider applicants with a history of debt solutions, though any offer will depend on factors such as how long ago the arrangement ended, how you have managed credit since, your income and outgoings, and the equity in your property. Remortgaging is not guaranteed and you should think carefully about whether it is the right option for you.
How long after a debt solution can I remortgage?
There is no fixed rule. Some lenders may consider applications once a debt solution has been completed and the entry has been recorded on your credit file, while others may require a longer period to have passed. In general, the more time that has elapsed since the debt solution ended — and the more evidence you have of managing your finances responsibly since — the wider your options may be. Each lender sets its own criteria.
Will bad credit affect the remortgage rates I am offered?
It can. Lenders use your credit history as one factor in deciding the terms they offer. If you have adverse credit such as defaults, CCJs or a debt solution on your file, the rates available to you may be higher than those offered to someone with a clean credit history. It is important to compare any offer carefully and consider whether the overall cost, including fees and the total amount repayable, makes the remortgage worthwhile for your situation.
Is my home at risk if I remortgage?
Yes. A remortgage is secured against your property. If you do not keep up repayments, the lender could ultimately take steps to repossess your home. Before remortgaging you should make sure you can comfortably afford the repayments over the full term and consider what would happen if your circumstances changed, for example if your income dropped or interest rates increased.
Can I remortgage to consolidate debts after a debt solution?
Some homeowners use remortgaging to bring existing borrowing into their mortgage. This can sometimes lower monthly payments, but it usually means paying interest on those debts over a much longer period, which can increase the total amount you repay. Consolidating unsecured debts into a mortgage also means those debts become secured against your home. You should think carefully about the long-term cost and whether there are other ways to manage your debts before taking this step.
Does checking my remortgage options affect my credit score?
Looking at indicative remortgage options will not normally affect your credit score in the same way as a full application. Before any lender carries out a credit search that could leave a visible footprint on your credit file, we or the lender will explain what is happening so you can decide whether to proceed.
Does Next Path guarantee that I will be accepted for a remortgage?
No. Next Path is a credit broker, not a lender. We introduce you to FCA-authorised partners who carry out their own creditworthiness and affordability assessments. We cannot guarantee that you will be accepted for a remortgage, and any offer you receive will be subject to the lender's checks, criteria and full terms and conditions.
Do I have to go ahead if I ask about remortgaging?
No. There is no obligation to proceed. You are free to compare offers, take time to think and decide not to go ahead. Remortgaging is an important decision, particularly if you have been through a debt solution, and you may wish to seek independent financial advice if you are unsure whether it is right for you.