Cashback Remortgages · Eligibility
Mortgages After Missed Payments
Missed payments on credit agreements or bills appear on your credit file and can affect a mortgage. How recent and how serious they are matters most.
How they are viewed
A single old missed payment usually matters far less than a recent pattern. Missed payments on a mortgage or secured loan are viewed more seriously than a one-off late bill.
Different lenders set different thresholds.
Rebuilding
Bring everything up to date, keep payments on time for a sustained period and check your files for errors. Time and consistency improve your position.
Sources and further reading
General mortgage information, not a personal recommendation. Lender criteria and scheme rules can change. Ask an adviser about your circumstances and a solicitor or tax adviser about legal or tax questions. Your home may be repossessed if you do not keep up repayments on your mortgage. Most buy-to-let mortgages are not regulated by the FCA.
Discuss the next step for your mortgage
Understand your options before you make a decision.