UK mortgage arrears have risen steadily over the last year but doubled for the buy-to-let sector

First-charge mortgage loans in arrears

representing over 2.5% of the outstanding

balance, UK. Thousands

Homeowners

Buy to let

100

80

60

40

20

0

Q3

Q4

Q1

Q2

Q3

Q4

Q1

Q2

Q3

Q4

Q1

Q2

Q3

2020

2022

2022

2023

First-charge mortgage loans in arrears representing over 2.5% of the outstanding balance, UK

Homeowners

Buy to let

100,000

80,000

60,000

40,000

20,000

0

2020

Q3

2020

Q4

2021

Q1

2021

Q2

2021

Q3

2021

Q4

2022

Q1

2022

Q2

2022

Q3

2022

Q4

2023

Q1

2023

Q2

2023

Q3