21 June 2023
UK Mortgage Risks Rise
This report follows an article published in November 2022 that showed Direct Debit Rejection (DDR)1 rates were increasing across our portfolio, even as the rate of mortgages in arrears remained steady. It is important to note at the outset that our portfolio has a higher composition of borrowers who qualify for a discounted mortgage rate, and are therefore more likely to be acutely impacted by the cost-of-living crisis, than the broader UK mortgage market. Our data reflects this concentration.
Discover the full report here
