Struggling to Pay Your Mortgage Payments - Here What to Do
Lenders are required to treat borrowers in this position “sympathetically and positively”. Make your Lender understand that you are struggling to pay the mortgage. If your problems are likely to be temporary, they may be able to arrange a mortgage repayment holiday for you, adding the arrears to the mortgage. Alternatively, they could switch you to an interest only mortgage, or increase your mortgage term, both of which would reduce the amount you had to pay each month.
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