You are not legally required to notify your lender about your separation. However, if the separation is going to affect your ability to make repayments - for example, if one income is removed from the household - it is strongly advisable to contact them early. Lenders have hardship provisions that can temporarily reduce or pause repayments. Reaching out before you miss a payment gives you significantly more options than waiting until arrears accumulate.
Contact your lender if: repayments are becoming difficult on one income, you are about to refinance as part of a settlement, or you need to change the account contact details. You do not need to tell them if both parties are still making repayments as normal and the loan is not being restructured.
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