30 April 2025
Report: UK Mortgage Arrears Growth Stalls for First Time Since 2022
Report summary: Q1 2025 data from Pepper Advantage’s UK mortgage portfolio shows that arrears growth has stalled for the first time since the cost-of-living crisis began in Q3 2022. The overall arrears growth rate for the UK was 0.0%, primarily driven by a 0.1% drop in the buy-to-let (BTL) arrears rate. This improvement in the BTL space was also reflected in the direct debit rejection (DDR) rate, which decreased by 7.1% compared to Q4 2024. The improvement in BTL mortgages was also reflected in the direct debit rejection (DDR) rate, which decreased by 7.1%. In contrast, the residential mortgage DDR rate increased by 4.3%.
Discover the full report here
