People’s circumstances can change during the lifetime or term of their mortgage. Losing a job, a relationship breakdown or a period of illness are all examples of things that can lead to a period of financial difficulty and to customers being unable to afford mortgage repayments. Some circumstances are very specific or individual, sometimes they are linked to other events, such as the Covid-19 pandemic or the rising cost of living.
Our newly published online guidance for consumers and businesses explains our approach to complaints about financial difficulties in relation to mortgage debt.
Information for consumers Information for businesses