Covid-19 Mortgage Support

Many customers may be experiencing difficulty with their mortgage payments as a result of Covid-19, but support is available for those affected.

These measures include a three-month repayment ‘holiday’ to enable customers directly affected by to manage their finances, as well as other options.

Details of the support currently available can be found in the Q&A below and this will be regularly updated as the situation evolves and further information added over the coming days and weeks. Please do use this website as a first point of call to find out how your lender may help you, rather than calling directly.

Stephen Jones, UK Finance CEO, said:

Mortgage lenders will support customers who are experiencing issues with their finances as a result of COVID-19 and the options include a payment holiday of up to three months.

“Monthly mortgage payments tend to be the largest outgoing for the vast majority of households and lenders are keen to reassure homeowners that the industry is working hard to put measures in place to support them during these uncertain times.

“Customers who are concerned about their current financial situation should get in touch with their lender at the earliest possible opportunity to discuss if this is a suitable option for them.

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With the impact of coronavirus being felt across the country, the aim of every bank, building society and credit union is to ensure your peace of mind when it comes to your money.

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