The Bank of England is to publish its review early next year into last month’s mortgage debacle, which left buyers stranded on what should have been their home moving day.

The review, to be conducted by Deloitte, will be into the events of October 20 when the Bank of England suspended the settlement of payments because of a technical glitch related to routine maintenance.

October 20 was a Monday: not a typical house moving day, but it was the start of half term in a number of places, and so could have been a completion date for more home movers than normal.

The delay will have held up completions, with payments stuck in the system, and home movers saddled with logistical problems such as having booked a removals firm.

The Bank’s Real Time Gross Settlements Payment System allows money to be transferred between banks in real time.

The fault affected the Clearing House Automated Payment System, which processes same-day money transfers and is used by conveyancers to transfer funds.

The CHAPS system moves billions of pounds relating to thousands of deals every day. For example, in September the system processed a total of 3.2m payments, or 145,638 a day.

The Bank of England will also publish its response to the review.

Some critics have wondered whether it will punish itself for the fiasco, for example by way of a large fine.