FCA announces further proposals to support mortgage borrowers impacted by coronavirus
On 2 November 2020, the FCA published a new webpage setting out proposals to provide further support for mortgage borrowers impacted by the COVID-19 pandemic.
The FCA is proposing to extend the availability of payment deferrals to support mortgage borrowers who are experiencing payment difficulties because of coronavirus.
The proposals, if implemented, mean that:
Those who have not yet had a payment deferral will be eligible for 2 payment deferrals of up…
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