Article preview: One part of the government package of financial support to see people through the coronavirus crisis is encouraging lenders to offer mortgage holidays. According to new figures, more than 1.2 million borrowers have applied for one of these mortgage payment holidays. It means that approximately one in nine mortgages in the UK are now subject to a mortgage holiday.
Mortgage payment holidays – who is doing it and how can you find out more?
This 538-word blog post considers the latest figures from trade body UK Finance which show that an estimated 1.2 million borrowers have successfully applied for a mortgage payment holiday. Includes some tips about finding out more. Written on 14th April 2020.
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