Article preview: The number of mortgage and consumer credit payment deferrals is starting to fall, according to new data. According to industry body UK Finance, more borrowers are returning to making repayments or approach their lenders for alternative forms of tailored support. With the short-term future of the economy remaining uncertain, lenders are continuing to provide financial support to those borrowers facing difficulties due to the pandemic.
Lenders continue to offer support to borrowers in financial difficulty
This 501-word blog post looks at the latest statistics from UK Finance, reporting a falling number of borrowers taking advantage of the mortgage payment holiday due to the coronavirus. Written on 6th December 2020.
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