Mortgage arrears decrease as payment holidays end

Mortgage arrears and possessions remained low in the second quarter of 2020 as over two million mortgage payment deferrals have been approved, latest UK Finance arrears data shows.

Mortgage arrears and possessions remained low in the second quarter of 2020 as over two million mortgage payment deferrals have been approved, latest UK Finance arrears data shows.

Just under one million mortgage payment holidays are still in place as borrowers begin to resume monthly payments after payment breaks come to an end.

Source: Credit Strategy
GO TO ARTICLE +