Property News · April 14, 2020

UK lenders to grant 1.2m mortgage deferments


One in nine households get payment holiday for up to three months amid Covid-19Coronavirus – latest updatesSee all our coronavirus coverageBritish lenders have granted more than 1.2m mortgage holidays as part of relief measures for households affected by the Covid-19 outbreak.It means that about one in nine households will have their mortgage payments and interest deferred for up to three months to help cope with a loss of income during the crisis. Continue reading…

Source : theguardian.com
Read more…UK lenders to grant 1.2m mortgage deferments