Homeowners who are taking a three-month mortgage payment holiday will be able to extend it for another three months, or start making reduced payments.
The Financial Conduct Authority (FCA) said it will press ahead with proposals it had previously made to extend support for people who are either coming to the end of a payment holiday or who are yet to ask for one.
For customers still experiencing temporary payment difficulties due to coronavirus, the options will include a full or part payment holiday for a further three months.
People yet to apply for a payment holiday have until October 31 to do so and repossessions will also be banned until that date.
Read more on dailyrecord.co.uk
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