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That could lop almost £100 a month off the typical payments of someone taking out a £160,000 mortgage.
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The average compensation package under a compromise agreement was reported to be £10,000 while one in five reported a typical payment of £25,000 or more.
Millions of people have now received compensation from banks, receiving a typical payment of nearly £3,000.
"Some people are flummoxed by it so I will say to them to think about what they might pay for a similar meal in a more conventional restaurant, but it really is totally up to them what they give". He said typical payments were upwards of £5 for main meals, but each diner differs.
Adjusted for inflation, current payments are 37.4% below typical payments in spring 1989, the peak of the previous real estate cycle.
Tilt recently tried expanding beyond its typical payments around social activities with the addition of one-to-one payments.
These new payments will be set at a level which those made redundant in other walks of life might expect: twice the statutory minimum level, which might lead to a typical payment in the region of £14,850, or about 17% of the annual salary, 12 in comparison to the maximum £33,530 available at the 2015 election, or the 100% of salary available in 2010.
When buying off plan, the typical payment schedule is five staged payments, which are made across the period of construction.
According to the New America report, the average MBA graduate student borrowed $42,000 in 2012, which resulted in a typical monthly payment of $354 just for graduate school loans.
Under the new rules, the loan payments of a typical graduate at a program cannot exceed 20percentt of discretionary income or 8percentt of total earnings.
It is not yet clear what level companies will offer, but the current regime is equivalent to payments of nearly £80 a year for a typical solar installation.
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CEO of Professional Science Editing for Scientists @ prosciediting.com