Rejected by Banks? How to Get a Bad Credit Mortgage in Feb 2026
Don’t let a poor credit history stop you from owning your dream home. Specialized lenders are now offering adverse credit mortgage solutions with flexible criteria.
In the past, having a CCJ, default, or a missed payment meant an automatic “No” from high-street banks. However, in February 2026, the UK market has seen a surge in specialist mortgage lenders who look beyond the numbers and focus on your current affordability.
What Qualifies as “Bad Credit” in 2026?
Lenders now categorize credit issues into different levels. Even if you have experienced the following, mortgage approval is still possible:
- No Credit History (First-time buyers)
- Low Credit Score
- Missed Payments or Defaults
- County Court Judgments (CCJs)
- Previous Debt Management Plans
Best Bad Credit Mortgage Lenders (Comparison)
These lenders specialize in high-risk mortgage financing and offer competitive rates for those with a patchy history:
| Lender | Specialty | Required Deposit | Interest Rate |
|---|---|---|---|
| Kensington Mortgages | Self-Employed/CCJs | 15% – 20% | 4.1% – 4.8% |
| Precise Mortgages | Recent Defaults | 10% – 15% | 4.5% – 5.2% |
| Pepper Money | No Credit Score | 5% – 10% | 3.9% – 4.6% |
3 Secrets to Getting Approved with Poor Credit
Follow this financial recovery plan to maximize your chances of a “Yes”:
- Save a Larger Deposit: A 15-20% deposit significantly reduces the lender’s risk and lowers your interest rate.
- Fix Errors on Your Report: Sometimes a low score is just a mistake. Check your report via Experian or Equifax.
- Use an Adverse Credit Broker: Never apply directly. A specialist mortgage broker knows which lender will accept your specific situation.
Market Update: In 2026, “Sub-prime” lending has been replaced by “Complex Credit” lending, offering much more consumer protection and fairer rates than a decade ago.
Conclusion
A bad credit history is a chapter, not the whole book. With the right mortgage advice and a specialist lender, you can secure a home in 2026. Start your pre-approval check today and see what you can borrow!
FAQ: Bad Credit Mortgages UK
Can I get a mortgage 1 year after bankruptcy?
Yes, some lenders in 2026 specialize in post-bankruptcy applications, though you may need a larger deposit.
Will a bad credit mortgage be much more expensive?
Rates are slightly higher (usually 1-2% above prime rates), but you can remortgage to a cheaper deal once your credit score improves.