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The Guardian - UK
The Guardian - UK
Business
Jedidajah Otte

‘Every night is sleepless’: the people falling behind on mortgage repayments

A row of property management signs, reading variously 'sold', 'for sale' and 'let'.
Homeowners are being forced to sell their homes as the monthly repayments become too high. Photograph: Jill Mead/The Guardian

With mortgage borrowers reeling from 14 consecutive Bank of England base rate rises, the number of households falling behind on payments is rising. Mortgage arrears jumped 13% in the second quarter of the year, and are likely to have increased since. Here, two homeowners and a buy-to-let borrower talk about the challenge of keeping up with the payments.

Stephen McKeown, 61, homeowner

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