The Chancellor, Rishi Sunak, has announced a series of
measures to support individuals and businesses during the coronavirus outbreak.
This included the announcement that the Treasury has agreed with the body
representing mortgage lenders, UK Finance, that lenders will support customers
who are experiencing issues with their finances as a result of COVID-19 and the
options include a payment holiday of up to three months. Although nothing has
been guaranteed for buy-to-let customers, UK Finance have told us that customers who are concerned about their
current financial situation should get in touch with their lender at the
earliest possible opportunity to discuss if this is a suitable option for them.
Read more on the NLA website.
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