22 May

UK mortgage payment holiday extended by three months

Treasury also extends ban on home repossessions to 31 October amid Covid-19 crisisCoronavirus – latest updatesSee all our coronavirus coverageThe government has extended its mortgage payment holiday scheme by three months.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 but has now been extended by a further three months, while the deadline for applying for an extension has been shifted to 31 October. Continue reading…

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