In such unprecedented times, many of us are feeling the financial and emotional strain of ‘lockdown’. Given the uncertainty of when life will return to the ‘new normal’, you might have concerns about your mortgage or using the time to review your finances. We’ve put together a mortgage market Q & A, which we hope will be of some help.
During the last few weeks we have seen an unprecedented response from the government to help mortgage borrowers during the COVID-19 outbreak. In a constantly changing environment banks are under increasing pressure to make changes to technology systems and re-direct their work force to assist borrowers who find themselves in financial difficulty through no fault of their own.