Payment holidays – important considerations

June 23, 2020
Liz Murdie

Liz Murdie

During these uncertain times it’s important to have the right information and guidance. The media is full of references to mortgage holidays and deferred payments, but do you really understand what the impact of these might be on your future mortgage products?

You may have arranged a payment holiday with your lender, but what will the implications be in the longer term?

So called “payment holidays”, missed payments, late payments and cancelled direct debits can potentially cause issues in the future, so we’re here to help you understand the implications of them and avoid any possible negative impact.

By revisiting the information you have been given, we can guide you to make the choices that best suit your personal circumstances.

Please call us at MAPIO mortgage advisors in York and we can advise you to help protect your home, and your family, during these unpredictable times.

Let us help you.

Svgexport
Svgexport

MAPIO Financial Limited is a company registered in England and Wales Number 11793526

MAPIO Financial Limited is an Appointed Representative of PRIMIS Mortgage Network, a trading name of First Complete Ltd. First Complete Ltd is authorised and regulated by the Financial Conduct Authority.

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