UK mortgage payment holiday extended by three months



UK mortgage payment holiday extended by three months

Treasury also extends ban on home repossessions to 31 October amid Covid-19 crisis

The government has extended its mortgage payment holiday scheme by three months and the ban on home repossessions until the end of October.

More than 1.8 million homeowners have taken a three-month mortgage holiday since the scheme was announced in March to help borrowers in financial difficulty because of the coronavirus crisis, according to Treasury figures. It was due to expire at the end of June.

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Source: Guardian

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