Property

Can't Afford Mortgage Payment UK — What To Do

Help if you're struggling with mortgage payments UK. Your options, how to talk to your lender, and support available to avoid repossession.

Struggling with mortgage payments is stressful, but there’s help available. Act quickly for the best outcome.

Immediate Steps

What To Do Right Now

Priority Action
1 Contact your lender immediately
2 Don’t ignore letters or calls
3 Get free debt advice
4 Review your budget
5 Know your options

Why Contact Lender First

Reason Benefit
Shows good faith They’ll work with you
Required by regulations They must try to help
More options early Before arrears build
Stops escalation Delays formal action

Options Your Lender May Offer

Payment Holidays

Feature Details
Duration Usually 1-3 months
When offered Temporary difficulties
Interest Still accrues
Impact Extends mortgage term

Reduced Payments

Option Impact
Interest-only period Lower payments, no capital repaid
Reduced payments Pay what you can
Duration Usually temporary
Review After agreed period

Term Extension

Feature Details
How it works Spread payments over longer
Example 15 years left → 25 years
Monthly impact Payments reduce
Total cost Pay more interest overall

Payment Plan

For Arrears Details
Spread arrears Over time
Added to Monthly payments
Manageable Small extra amount
Condition Stay current too

Example Solutions

If Temporary Difficulty

Situation Possible Solution
Job loss (new one expected) Payment holiday 3 months
Illness (recovering) Reduced payments
Unexpected bill Extend term to reduce payments

If Long-Term Difficulty

Situation Possible Solution
Permanent income drop Interest-only + term extension
Can’t afford at all Consider selling (avoid repossession)
Equity available Reduce and restructure

What Lenders Must Do

Pre-Action Protocol

Requirement Details
Contact you Try to discuss situation
Offer help Before taking action
Consider proposals You put forward
Give time Seek financial advice
Last resort Taking court action

Your Rights

Right Details
Fair treatment Regulations require it
Time To seek advice
Alternatives Must be considered
Communication Clear information needed

If You Have Arrears

Arrears Building Up

Amount Behind Situation
1 month Early stage — act now
2-3 months Urgent — contact lender
3-6 months Serious — get advice
6+ months Risk of court action

Clearing Arrears

Method How
Lump sum If you have savings
Monthly extra Spread over time
Add to mortgage Capitalise arrears
Help from family If available

Government Support

Support for Mortgage Interest (SMI)

Feature Details
What it is Loan for interest payments
Who qualifies On UC/Pension Credit etc
Waiting period 9 months (UC)
Amount Covers interest, not capital
Repayment Loan repaid when you sell

Eligibility for SMI

Qualify If Details
On Universal Credit 9-month wait
On Income Support After 39 weeks
On Pension Credit Shorter wait
Capital limit £16,000

SMI Limitations

Does Doesn’t
Pay interest Pay capital
Is a loan Is a grant
Secured on home Free money
Standard rate May not cover all interest

Where to Get Help

Free Debt Advice

Organisation Contact
StepChange stepchange.org
Citizens Advice citizensadvice.org.uk
National Debtline nationaldebtline.org
Money Helper moneyhelper.org.uk

What Advisers Can Do

Help With Details
Budget review Find money
Negotiate With lender
Know options Full picture
Support Through process
Priority debts Know what’s urgent

Court Process

If It Gets to Court

Stage Timescale
Arrears letters 2-3 months
Pre-action protocol Required first
Court claim After protocols
Hearing 4-8 weeks after claim
Possession order If granted
Eviction Not immediate

At Court

Option Outcome
Show you can pay Judge may give suspended order
Reasonable proposal May be accepted
Time to sell Often granted
Can’t pay anything Possession order likely

Even After Court Order

Possibility Action
Suspended order Keep to terms
Outright order May still negotiate
Appeal Time limited
Pay arrears Can sometimes stop

Selling Your Home

Voluntary Sale Better Than Repossession

Selling Yourself vs Repossession
Get market value Lender sells quick/cheap
Control process No control
Less stress Very stressful
Time to plan Forced out
Credit impact Same or better

If in Negative Equity

Situation Options
Owe more than value Discuss with lender
Shortfall May agree payment plan
Sale agreement Need lender approval

Protecting Your Home

Budget Review

Action Potential Saving
Cancel subscriptions £50-200/month
Reduce energy £50-100/month
Cut non-essentials Variable
Increase income Part-time work

Income Boost

Option Impact
Benefits check May be entitled
Part-time work Extra income
Lodger Rental income
Family help Temporary support

Summary

Immediate Actions

Priority Action
1 Contact lender today
2 Get free debt advice
3 Review budget immediately
4 Don’t ignore correspondence
5 Know your rights

Key Messages

Remember
Contact lender first They must help
Early action More options
Free advice available Use it
Repossession takes months Time to act
Selling better Than repossession

Where to Start

Step Contact
Your lender Phone them
Free advice StepChange: 0800 138 1111
Information Money Helper
Don’t Bury head in sand