If you are concerned about making your monthly mortgage payments because of the Coronovirus (COVID-19) crisis and would like to consider the payment holiday recently promised by the chancellor you can do so by clicking on your lender’s logo below and completing the required information. There is more information available at
Money Advice Service and on each lender’s website to help you decide if this is suitable for your circumstances.
One area you need to carefully consider and understand before proceeding is how the lender will treat the missed mortgage payments. Make sure you talk to us regarding interest rate availability prior to proceeding as adding the missed payments to your mortgage or “capitalising the payments” may result in you adding more than necessary to your balance. This results in an increased mortgage balance and increased monthly payments when the payment holiday ends.