Coronavirus pandemic 2020

New mortgage help rules massively extend coronavirus support to struggling Brits

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www.mirror.co.uk

The Financial Conduct Authority (FCA) has confirmed mortgage holders will get more support if they face payment difficulties due to coronavirus.

People struggling as a result of the pandemic can currently request a three-month mortgage holiday - but these were set to expire on 31 October.

The new rules are designed to make sure people who have used payment deferrals but still face financial difficulties continue to get the support they need.

They also mean people whose financial situation is newly affected by coronavirus can take a break from mortgage payments after 31 October.

Read more on mirror.co.uk
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