Article preview: A second lockdown in England means a fresh round of government financial support for those impacted by the Covid-19 pandemic. Part of that package of support is an extension to mortgage payment holidays, with the Financial Conduct Authority (FCA) confirming how this will work. The enhancement to these measures for mortgage borrowers follows a commitment from the FCA back in September to keep the scheme under review as the pandemic evolved. The headline proposal is an extension of the availability of payment deferrals to support borrowers who are experiencing payment difficulties because of the pandemic.
Further support for mortgage borrowers facing financial difficulties
This 589-word blog post explains the latest enhancement to the Financial Conduct Authority’s programme of support for mortgage borrowers who face financial difficulties due to the Covid-19 pandemic. Written on 3rd November 2020.
Your purchase gives you rights to publish this blog post on your IFA, financial planner or wealth manager website blog, news or insights page, along with access to the text of the blog post to copy and paste into your blog. You can publish this blog as written or edit it before publishing, and you can post it under your name.