Redundancy support
Mortgage help after redundancy: what's available in the UK
5 min read
Losing your income while you have a mortgage is one of the most stressful parts of redundancy. The single most useful action is to contact your lender early — long before arrears build up.
Talk to your lender first
Lenders are required to treat customers in difficulty fairly. Options often include a payment holiday, switching to interest-only temporarily, or extending the mortgage term. Asking does not hurt your credit file.
Support for Mortgage Interest (SMI)
SMI is a government loan that pays the interest part of your mortgage if you're getting certain benefits including Universal Credit. It's repayable when you sell or transfer the home. There's a 3-month qualifying period before payments start.
Council Tax Reduction
Homeowners can also apply for Council Tax Reduction through their local council — it's separate from your mortgage and from UC.
See what you may be entitled to
The free check gives an indicative view in about five minutes. No login.
Frequently asked questions
Sources
- GOV.UK — Support for Mortgage Interestgov.uk
- StepChange — Mortgage arrearsstepchange.org
See our methodology for how we use these sources.
Related reading
Redundancy support hub
Calm step-by-step guidance for the weeks after redundancy.
Benefits after redundancy: what you may be able to claim
An overview of UK benefits to consider after redundancy — Universal Credit, New Style JSA, Council Tax Reduction, and contribution-based options.
How savings and redundancy pay affect Universal Credit
The £6,000 and £16,000 thresholds explained, plus how deliberate spending (deprivation of capital) is treated.
Help with mortgage payments after redundancy
Support for Mortgage Interest, lender forbearance and other UK options if you're struggling with your mortgage after losing your job.