It also has emerged that Brexit uncertainty is taking a toll on the jobs market, with a survey suggesting that businesses plan to cut back on hiring for a second successive month and that corporate confidence is reaching its lowest level in more than two years Homeowners struggling with their mortgage payments could increase by around a third with a hard Brexit , according to Kensington Bank . The niche lender , whose customers include contract workers and the self - employed , said its arrears model is built on analysis of 750,000 general obligation loans . It estimates that 70,296 borrowers will be over 18 months in arrears on their repayments by March 2022 if the UK leaves the EU without a deal and the Bank of England does not intervene to support financial markets , while staying in the EU would leave 52,755 in debt . Currently , 59,264 are behind on their payments .
Homeowners struggling with their mortgage payments could increase by around a third with a hard Brexit , according to Kensington Bank . The niche lender , whose customers include contract workers and the self - employed , said its arrears model is built on analysis of 750,000 general obligation loans . It estimates that 70,296 borrowers will be over 18 months in arrears on their repayments by March 2022 if the UK leaves the EU without a deal and the Bank of England does not intervene to support financial markets , while staying in the EU would leave 52,755 in debt . Currently , 59,264 are behind on their payments .