Nearly 1 in 3 UK Residents Miss Payments as Mortgage Arrears Soar by 50% Amidst Rising Interest Rates

INTERNATIONAL BUSINESS TIMES uk NOTICEBOARD My account Log Out Aug 27, 12:27 PM BST Business Latest News UK News Personal Finance Tech and Science Work Life Women in Business Travel Real Estate Reviews NOTICEBOARD My account Log Out UK Edition Business Latest News UK News Personal Finance Tech and Science - Science - Cybersecurity - eSports - Artificial Intelligence Work Life - Retail - Hospitality - Healthcare - Motoring - Finance & Banking - Sports Betting Women in Business Travel Real Estate Reviews Editions Australia Edition India Edition International Edition Singapore Edition United Kingdom United States NOTICEBOARD Follow Us Editions Australia Edition India Edition International Edition Singapore Edition United Kingdom United States Personal Finance Nearly 1 in 3 UK Residents Miss Payments as Mortgage Arrears Soar by 50% Amidst Rising Interest Rates UK government's Mortgage Charter has helped over 1.1 million mortgage holders in recent months By Niloy Chakrabarti Published 08/27/24 AT 12:27 PM BST Share on Facebook Share on Twitter Share on LinkedIn Share on Reddit Share on Flipboard Share on Pocket Mortgage repossession claims in Q1 jumped over 40% in 18 months. PhotoMIX Company/Pexels.

com The UK Department for Work and Pensions-backed Money and Pensions Services (MaPS) October 2023 survey of UK residents revealed that 30% had missed at least one payment during the year, with many experiencing the setback for the first time. The research showed missed payments were le.