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UK Mortgage Deferral Hangover 2020 Report

  • ID: 5185185
  • Report
  • September 2020
  • Region: United Kingdom
  • 79 pages
  • RFi Group

FEATURED COMPANIES

  • Bank of Ireland
  • Birmingham Midshires
  • First Direct
  • Leeds Building Society
  • NatWest
  • Skipton Building Society
  • MORE
The Group UK Mortgage Deferral Hangover Report combines expert insight with the publisher's unique data on the impact of the Covid-19 pandemic to determine how many borrowers will be affected in UK and for how long. This report draws from a comprehensive consumer research conducted by the publisher in March to June of 2020. As the COVID-19 global health pandemic unfolded, the surveyed more than 8,000 UK consumers to forecast the immediate impact on mortgage borrowers, and their lenders, over the next 12-24 months.

Some key findings from the report include:
  • One in five borrowers will be facing mortgage stress in the next 12 months
  • Almost 24 million UK consumers have been, or expect to be, impacted financially by the Covid-19 pandemic
  • Over 300,000 more borrowers are likely to seek repayment deferrals by October 31st
  • Young families with children will feel the impacts for the longest
Note: Product cover images may vary from those shown
  • Nationwide
  • Halifax
  • Barclays
  • Santander
  • HSBC
  • NatWest
  • Lloyds Bank
  • Coventry Building Society
  • First Direct
  • Virgin Money
  • TSB Bank
  • Royal Bank of Scotland
  • The Co-operative Bank
  • YBS Group
  • Skipton Building Society
  • Bank of Scotland
  • Leeds Building Society
  • Bank of Ireland
  • Birmingham Midshires
  • Cheltenham & Gloucester
Note: Product cover images may vary from those shown
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