Banks Offer Mortgage Relief For Flood Victims

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Banks Offer Mortgage Relief For Flood Victims

13 February 2014, 09:21

Banks Offer Mortgage Relief For Flood Victims

This is a duplicate of the Blog Entry made on 13th February 2014 08:15.

*Some of Britain's banks announce plans to help homeowners affected by damaging floods sweeping the country.* Banks have announced a range of...

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Tags: arrangement, banks, borrowers, britain, credit, debt, extra, fees, files, flood, floods, help, holiday, homeowners, interest, mortgage, payments, size, victims
PlanB

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13 February 2014, 09:58

Re: Banks Offer Mortgage Relief For Flood Victims

I do hope this is true. I also hope that those granted three months' mortgage holiday will not be clobbered with extra interest and arrangement fees. I wonder what will be recorded on borrowers' credit files due to the non-payments albeit by consent with the lender. Will it be an AP marker or something similar which could have a negative impact?
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