The Debt Respite Scheme, also known as ‘breathing space’, launched on 4 May 2021. This scheme gives people or sole traders experiencing problems with their debt the right to legal protections from the organisations they owe money to.
Here at Santander, we’re fully on board with the scheme and we’ll do everything we can to support our customers when they enter breathing space on their account(s).
This page may help answer any questions you have about breathing space. We’ve cut through the jargon to make it really clear what the scheme is about and how it might help you and your finances.
If you’re experiencing financial difficulties and want more information on other ways in which we or independent organisations may be able to help you, please visit our help with managing my money page.
Coming to the end of breathing space
We’ll write to you when your breathing space ends. This letter will contain important information you need to know at the time. If you’ve got any questions before you receive the letter, please contact your debt advice provider.