Your mortgage payment options

If you would like to apply for a mortgage payment holiday or to extend an existing one, you need to do so by 31st October 2020.

Apply for a payment holiday and pay what you can afford during this period

You can make additional payments during the payment holiday if you are able
 

  • Gives you some breathing space
  • You’ll pay less in interest charges than if you take a full payment holiday
  • Your monthly payments will go up but not as much as without additional payments
Apply for a payment holiday

Take a payment holiday

Make no mortgage payments for up to 3 months
 

  • Relieves the pressure for up to 3 months
  • Your monthly payments will go up to cover interest charges and the payments you’ve missed
  • You’ll pay back more on your mortgage in total
Apply for a payment holiday

Options when your payment holiday ends

If you're in a position to resume your payments after your break, we strongly recommend that you do so to keep your monthly payments and interest charges as low as possible.

There may be other ways we can help when your payment holiday ends.

Further details

Other ways to reduce your payments

Talk through your options, including extending your mortgage term, switching to a different product or moving to an interest only mortgage.
 

  •  Make your payments more affordable
  • Find the right solution for your needs with some expert help


To change the term or repayment type on your BTL mortgage call us on 0345 300 2627.

To switch to a different product or if you need advice on your BTL mortgage contact your Broker or an independent financial adviser.

To discuss your Residential mortgage options call us on 0345 300 2627.

Are your money worries longer term?

We may have other ways to help that work better for your needs. Call us and one of our advisers will suggest the best next steps.

Call us