Arrears with a current or previous mortgage are taken very seriously by mortgage lenders. The more recent the arrears the more difficult the mortgage is to place. Mortgage lenders are interested in the following:

How long ago did the arrears occur.

How many months were the payments behind

Over how many months was the mortgage behind

If you have had arrears with mortgage payments, loan payments or rent arrears then a 100% mortgage will probably not be available to you. A 95% loan to value mortgage may be available depending on the above factors.

If you have current arrears then it will be possible to remortgage however the interest rates offered will be above high street rates and will reflect the increased credit risk.