Mortgage payment holiday forbearance framework
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In a speech by the Director of Consumer and Retail Policy for the FCA, Nisha Arora, it was outlined how lenders should support borrowers forced into taking mortgage payments holidays during the pandemic.
In the guidance below it sets out expectations for firms on how to support customers and work with them on their finances and repayment plans.
The post Mortgage payment holiday forbearance framework appeared first on Property118.
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