Using an insolvency option
Using insolvency is not an option for mortgage arrears as the inclusion of any debt owed does not stop the lender from repossessing the property.
1s145(3)(f) B(S)A 2016Insolvency can be a breach of the standard conditions in that if the client is insolvent, the lender can call up the security.
2Sch 3(9) CFR(S)A 1970