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One in nine UK mortgages helped by payment holiday-UK Finance

Tue, 14th Apr 2020 09:55

LONDON, April 14 (Reuters) - British banks and other lenders
have provided over 1.2 million mortgage payment holidays to
households whose finances have been impacted by COVID-19, UK
Finance, an industry group, said on Tuesday.

"Action by lenders means one in nine mortgages in the UK are
now subject to a payment holiday," it said in a statement.
(Writing by William Schomberg; editing by Guy Faulconbridge)

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