A quarter of UK mortgage holders may miss payments by year-end due to rising interest rates, per Hargreaves Lansdown. Ministry of Justice data showed 5,182 repossession claims in Q1 2023, a 40% increase in 18 months. Money Advice Trust’s Jane Tully notes significant financial shocks for those ending fixed-rate deals, with mortgage arrears now valued at £20.3bn.
They are Pakistanis.
June 17, 2025
