Mortgage deferral extended for a further three months

The Government has confirmed that homeowners struggling to pay their mortgage due to Coronavirus will be able to extend their mortgage payment holiday for a further three months, or start making reduced payments, in proposals published today.

The availability of a three month mortgage holiday was first announced in March which will be coming to an end in June.

However if you are still struggling and need help, a full extension of the mortgage holiday for a further three months will be available.

You can read more here: https://www.gov.uk/government/news/help-with-mortgages-to-continue-for-homeowners-affected-by-coronavirus