Millions of people could be in line for a 'mortgage holiday' after the Chancellor announced a package of emergency measures to help the most vulnerable people cover their bills during the coronavirus pandemic.
Rishi Sunak said those who are in financial difficulty - whether they have the virus or not - will be able to defer their payments for up to three months to help them budget financially.
This will include the self-employed and those on statutory sick pay - which could leave families surviving on just £94.25 a week or less if they're on benefits.
The initiative does not mean someone else will cover your payments for you - instead, your mortgage term will be extended to cover the additional period.
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