Article preview: Mortgage borrowers who continue to face financial difficulties during the Covid-19 pandemic will receive tailored support from lenders. New proposals from regulator the Financial Conduct Authority (FCA) are designed to ensure that lenders provide tailored support to borrowers. The new measures follow an initial phase of the pandemic, where mortgage payment holidays gave millions of mortgage borrowers an immediate and temporary financial reprieve.
Further support for mortgage borrowers who face financial difficulties
This 464-word blog post provides details of the further guidance for mortgage lenders to help borrowers who are facing continued financial difficulties because of the Covid-19 pandemic. Written on 26th August 2020.
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