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    What to do if if I'm in arrears on my mortgage?

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    • Falling behind on your mortgage payments can feel overwhelming. But you're not alone—and there are clear steps you can take to protect your home and get back on track. This guide explains what mortgage arrears mean, how to respond, and what support is available from major UK lenders.

      📌 What Are Mortgage Arrears?

      Mortgage arrears happen when you miss one or more payments on your mortgage. Even a single missed payment can trigger arrears, and if left unresolved, it could lead to repossession—where your lender takes legal action to sell your home.

      According to UK Finance, around 87,000 homeowner mortgages were in arrears in Q2 2025, though this number is falling thanks to better lender support.

      🚨 Step-by-Step: What to Do Immediately

      1. Contact Your Lender ASAP

      Calling early shows you’re serious about resolving the issue.

      It won’t affect your credit score just to speak with them.

      You may be asked to complete a budget planner to assess affordability.

      2. Work Out What You Can Afford

      Before you call, use a budgeting tool or speak to Citizens Advice to understand your income and essential expenses.

      Be honest about your situation.

      If you’ve lost your job or had a health issue, mention it—this may unlock extra support.

      3. Explore Tailored Support Options

      Lenders offer several ways to help:

      Option What It Means Impact
      Reduced payments Pay less for a few months May increase long-term costs
      Interest-only Pay just the interest Lower monthly cost temporarily
      Payment holiday Pause payments for a short time Adds interest later
      Term extension Spread payments over more years Reduces monthly cost, increases total interest

      🏦 Support from Major UK Mortgage Providers

      Let’s look at how some of the biggest lenders handle arrears.

      🔴 Santander

      Santander encourages early contact and offers:

      A personalised budget review

      Repayment plans over several months

      30-day breathing space to seek independent advice

      Example: Kirsty missed two payments due to illness. After completing a budget planner, Santander offered a reduced payment plan for 3 months while she recovered.

      More info: Santander’s overdue payment support

      🔵 Halifax

      Halifax offers three main options under the Mortgage Charter:

      Switch to interest-only payments for 6 months

      Extend your mortgage term

      Lock in a new fixed-rate deal early

      Example: Tom switched to interest-only for 6 months, reducing his monthly payment from £850 to £420 while he looked for a new job.

      More info: Halifax mortgage support

      ⚪ Nationwide

      Nationwide allows you to:

      Pay arrears via app, online banking, or in branch

      Set up standing orders or make one-off payments

      Contact their support team for tailored help

      Example: Sarah missed a payment and used the app to pay £100 extra each month for 4 months to clear her arrears.

      More info: Nationwide arrears payment options

      🔵 Barclays

      Barclays offers:

      Interest-only payments for a set period

      Term extensions

      Free independent advice referrals (e.g. StepChange, Citizens Advice)

      Example: Raj extended his mortgage term by 5 years, reducing his monthly payment by £120 and avoiding repossession.

      More info: Barclays help with mortgage payments

      🧮 Example: How a Repayment Plan Works

      Let’s say your monthly mortgage is £600, and you missed one payment.

      Instead of paying £1,200 next month, you could agree to:

      Pay £700/month for 6 months (normal payment + £100 arrears)

      This spreads the missed payment over time

      Your lender may add an “arrangement” marker to your credit file

      🛡️ What If You Can’t Reach an Agreement?

      If you can’t agree a repayment plan, your lender may apply to court for a possession order. But even then, it’s not too late:

      You’ll get at least 2 weeks’ notice before court action

      You can still negotiate or ask the court for more time

      Repossession is always a last resort

      💰 Support for Mortgage Interest (SMI)

      If you’re on certain benefits (e.g. Universal Credit, Pension Credit), you may qualify for SMI—a government loan to help pay the interest on your mortgage.

      It’s paid directly to your lender and you’ll repay it when you sell your home or transfer ownership.

      More info: SMI on GOV.UK

      🧠 Tips to Stay on Track

      Set up direct debits to avoid missed payments

      Use budgeting apps like Money Dashboard or Emma

      Check if you have mortgage payment protection insurance

      Review your mortgage deal—could you switch to a cheaper rate?

      🆘 Where to Get Free Help

      If you’re struggling, speak to a debt adviser. It’s free and confidential.

      Organisation Contact
      Citizens Advice citizensadvice.org.uk
      StepChange 0800 138 1111
      National Debtline 0808 808 4000
      MoneyHelper moneyhelper.org.uk

      📊 The Bigger Picture

      While arrears are falling overall, possessions are rising slightly—1,340 homes were repossessed in Q2 2025, up 10% from Q1. This shows why early action is vital.

      “Lenders remain committed to helping customers manage their payments, and we urge anyone concerned to contact their lender early.” – Charles Roe, UK Finance

      ✅ Summary Checklist

      Contact your lender immediately

      Work out your budget

      Ask about tailored support (interest-only, term extension, etc.)

      Consider SMI if you’re on benefits

      Get free advice from Citizens Advice or StepChange

      Avoid payday loans or sale-and-rent-back schemes

      Keep records of all communications

      📝 Final Thought

      Mortgage arrears are serious—but solvable. The earlier you act, the more options you’ll have. Lenders are legally required to treat you fairly, and many offer flexible solutions tailored to your situation.

      If you’re in arrears, don’t panic. Reach out, get advice, and take control.


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    • This article was generated for general information only and does not constitute legal or any other form of advice.
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