In 2022, a considerable share of borrowers in the UK who faced an issue with their mortgage cited that the mortgage was just a nuisance for them. The proportion of people who considered their mortgage to be a nuisance was 40 percent. Stress was also a significant mortgage-related issue, according to 30 percent of the borrowers who faced problems with their mortgage. Many mortgage borrowers also had to spend a great deal of time solving mortgage-related issues, with 15 percent of individuals citing this reason.
Share of mortgage borrowers who experienced a problem with their mortgage in the United Kingdom (UK) in 2022, by impact
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Financial Conduct Authority. (July 26, 2023). Share of mortgage borrowers who experienced a problem with their mortgage in the United Kingdom (UK) in 2022, by impact [Graph]. In Statista. Retrieved December 23, 2024, from https://www.statista.com/statistics/1418685/uk-mortgage-problems-impact/
Financial Conduct Authority. "Share of mortgage borrowers who experienced a problem with their mortgage in the United Kingdom (UK) in 2022, by impact." Chart. July 26, 2023. Statista. Accessed December 23, 2024. https://www.statista.com/statistics/1418685/uk-mortgage-problems-impact/
Financial Conduct Authority. (2023). Share of mortgage borrowers who experienced a problem with their mortgage in the United Kingdom (UK) in 2022, by impact. Statista. Statista Inc.. Accessed: December 23, 2024. https://www.statista.com/statistics/1418685/uk-mortgage-problems-impact/
Financial Conduct Authority. "Share of Mortgage Borrowers Who Experienced a Problem with Their Mortgage in The United Kingdom (Uk) in 2022, by Impact." Statista, Statista Inc., 26 Jul 2023, https://www.statista.com/statistics/1418685/uk-mortgage-problems-impact/
Financial Conduct Authority, Share of mortgage borrowers who experienced a problem with their mortgage in the United Kingdom (UK) in 2022, by impact Statista, https://www.statista.com/statistics/1418685/uk-mortgage-problems-impact/ (last visited December 23, 2024)
Share of mortgage borrowers who experienced a problem with their mortgage in the United Kingdom (UK) in 2022, by impact [Graph], Financial Conduct Authority, July 26, 2023. [Online]. Available: https://www.statista.com/statistics/1418685/uk-mortgage-problems-impact/
