Payment holidays


A raft of e mails from many lenders today outlining the terms of the mortgage holiday. Landlords with BTL mortgages will get holiday if their tenant has difficulty paying their rent because of the Corona Virus. Each lender is stating that their customers should contact them direct to confirm if they want to take the holiday. The advice is that if you don't need it at the moment then best to hold fire as currently the holiday is limited to a three month period.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. BRICKS AND MORTAR MORTGAGES LIMITED IS AUTHORISED AND REGULATED BY THE FINANCIAL CONDUCT AUTHORITY.