27 July 2026
UK Mortgage Arrears Drop 2.5% in Q2
Report summary: The arrears rate across Pepper Advantage’s UK portfolio in Q2 2026 declined by 2.5%, reversing a Q1 rise. Direct debit rejections — a form of missed mortgage payment — fell 9.6% in the second quarter, following a 17.1% increase in the first quarter. This improvement in our portfolio is a welcome sign of UK homeowner resilience in the face of renewed economic uncertainty and inflationary pressures.
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