Mortgage arrears jumped by 13% in the second quarter of the year to the highest level since 2016, according to Bank of England figures, as rising interest rates and unemployment over recent months have put pressure on household disposable incomes, forcing some families to cut or suspend their monthly mortgage payments.
We’re interested to hear from homeowners and buy-to-let landlords in the UK who are currently in arrears with their mortgage repayments.
We’d like to hear how you got into arrears, how this has been affecting your household, finances or buy-to-let business, and what your plans for the future are.