Tag: Mortgage Holiday
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How does mortgage holiday benefit you?
Mortgage Holiday updated What is a mortgage holiday? A mortgage repayment holiday is simply a financial ‘break’ from your monthly repayment. This is available for customers who are unable to make their usual monthly mortgage payments. Visit our blog often or follow us on X. How will it impact my finances? Payment holidays may…
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Mortgage Holiday process found very helpful
Following the news from HM Treasury regarding the mortgage holiday extension, the Building Societies Association (BSA) has released data outlining perceptions around this form of support. Among those that have taken up a mortgage holiday, 90% found it to be fairly or very helpful, with only 8% saying it has been not very or not…
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13% of mortgagers have applied for a mortgage holiday
All recessions are bad, but in different ways. Different industries and types of workers are affected – the financial crisis was a bad time for bankers and it’s lower earners who are bearing the greatest economic and health risks this time. But family finances are also about the money that goes out, not just what comes in.…