The sleepout will raise funds for a national charity that works to eradicate homelessness, to be announced this week.
The first ever Mortgage Sleep Out will take place on Friday 30 November at venues across the country – with anyone in the mortgage industry being able to register to get involved.
Businesses and Individuals have been asked to register to host and organise their own local Sleep Out.
The sleepout will raise funds for a national charity that works to eradicate homelessness, to be announced this week.
Around 4,750 people were estimated to be sleeping rough on any given night in England in 2017.
The idea of Mortgage Sleep Out started on 7 August, when Rob Jupp, chief executive at Brightstar Financial, tweeted: “Shocking how many ‘rough sleepers’ there are in London. I can’t remember a time where there have been so many. It’s a national outrage!”
Responding to his tweet, Maria Harris, director of intermediary lending at Atom Bank, said: “It’s heart breaking. Maybe we should do a financial services sleep out to raise funds and awareness?”
The idea soon gathered momentum, with the hashtag #MortgageSleepOut trending on Twitter and more than 40 firms confirming their interest within a few days.
Rob Jupp said: “We have been overwhelmed by the response of the mortgage industry in tackling this cause and we want to harness that support and create a network across the UK of #MortgageSleepOut events, organised locally by willing businesses and individuals all contributing to one national effort on Friday 30 November 2018.”