RE: Mortgage holders to get 12-month grace period before repossessions23 Jun 2023 20:39
Content:
1. Talk to your mortgage lender without fear of an adverse impact on your credit score.
2. If you change to interest only or change the term remaining, you can change back within 6 months penalty free.
3. Minimum 12 m before possession without consent.
(And by the way, dont worry, we're going to fix inflation, even though thats the BoE job)
Nothing to shout about really, is it? Unless you are the Chancellor and want some positive spin.