Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

The MoneySaving Forum: join to chat & swap tips with other MoneySavers. Learn how in the Forum Introduction Guide

Mortgage arrears help

Protect yourself from arrears & repossession
Umbrella protecting a house

It’s not the bricks and mortar, but the mortgage that keeps the roof above most homeowners’ heads. Yet many struggle to meet their repayments, leading to arrears and the fear of repossession.

This mortgage arrears help Q&A guide shows you how to protect your home loan if you’re struggling to meet your monthly repayments. Plus there's information on how to fight repossession.

What help will the Government give me?

If you have an MPPI policy, you'll be expected to claim from it before seeking Government help. Since Government help only covers the interest, you’re better off using MPPI anyway.

What if no Government help’s available?

If you’re struggling to meet repayments, don’t have an MPPI policy or savings, and aren’t eligible for any state help, then you need to be aware of your repossession rights. Of course, before that, do look at the bigger picture of your finances to see whether you can free up other cash (see how do I avoid falling behind?).

How can I avoid getting into arrears?

Payment shocks, where the amount of money you earn falls, or the amount of money you need to cover bills jumps, can hit even the most financially-organised people, especially in times of economic strife.

But you can take steps to lessen their impact.

I'm worried about falling behind - is it worth getting insurance?

If you're worried about losing your job, or want to protect your payments if you were in an accident or fell sick, there are several different kinds of insurance you can get to protect your mortgage. But if you already know your job's at risk, or you're already ill - you won't be able to get insurance.