Mr. Ed Sibley:

There are considerable protections and requirements in place, more so for owner-occupiers than investment properties. Some of the correspondence I have seen has related more to investment and buy-to-lets than to owner-occupiers but there are considerable protections. There are requirements in place for banks to be engaging with their borrowers. The evidence across the system is that they are. Many other protections and supports are available. We can see an increasing use of the insolvency service and personal insolvency arrangements, which are being put in place to support borrowers who are in distress and, in the vast majority of instances, keep them in their homes.