More than 100,000 mortgage borrowers are in serious difficulty after arrears levels rose for the fifth successive quarter.
Data from UK Finance showed that 93,680 homeowners were more than 2.5% in arrears on their outstanding balance in the last quarter of 2023, up by 25% on a year earlier.
Arrears among buy-to-let landlords grew faster still, up 124% to 13,570.
