When Exactly Was Louise Haigh's Fraud...
News1 min ago
State Benefits
7 Answers
Are people in the UK who are struggling with mortgage repayments due to covid related issues, treated the same as people who are in a similar position but paying rent ?
Answers
1 to 7 of 7
Best Answer
No best answer has yet been selected by Khandro. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.
https:/
//At the start of the pandemic in March, the Financial Conduct Authority published guidance setting out their expectation that firms offer mortgage payment holidays. Mortgage holidays allow customers affected by coronavirus to defer making up to 6 monthly mortgage payments (although interest will still accrue during this period)...//
//Alongside this, the FCA and government have been in close contact with mortgage lenders and administrators to make sure they treat consumers fairly during the coronavirus pandemic.
Further measures agreed with lenders include:
providing consumers with options when their payment holiday comes to an end to ensure they continue to get support they need
not repossessing homes before 31 January 2021, except in exceptional circumstances...//
//At the start of the pandemic in March, the Financial Conduct Authority published guidance setting out their expectation that firms offer mortgage payment holidays. Mortgage holidays allow customers affected by coronavirus to defer making up to 6 monthly mortgage payments (although interest will still accrue during this period)...//
//Alongside this, the FCA and government have been in close contact with mortgage lenders and administrators to make sure they treat consumers fairly during the coronavirus pandemic.
Further measures agreed with lenders include:
providing consumers with options when their payment holiday comes to an end to ensure they continue to get support they need
not repossessing homes before 31 January 2021, except in exceptional circumstances...//
//Bob...and at the end of a mortgage holiday your payments will go up.//
Yes. Stands to reason. Its a postponement, that was allways clear but still valuable to some..
Same with rent- they couldnt throw you out but unless you can negotiate a reduction your payments would evntualy afer go up to cove rthe delayed or part payments
Yes. Stands to reason. Its a postponement, that was allways clear but still valuable to some..
Same with rent- they couldnt throw you out but unless you can negotiate a reduction your payments would evntualy afer go up to cove rthe delayed or part payments
1 to 7 of 7
Latest Posts
News3 mins ago
Technology6 mins ago
News7 mins ago
ChatterBank7 mins ago
So It Was Just Another Dirty Con Trick...
News10 mins ago
