Mortgage Payment Holiday

In response to the Covid-19 outbreak and the subsequent announcement from the UK government, many lenders have outlined their mortgage payment holiday process.

If you are facing financial difficulty, we encourage you to contact your mortgage lender as soon as possible.

We have provided the menu below for you to easily find the process for your mortgage lender.

 

By clicking the link, you will be redirected from our website to the lender's own site.

When you contact your lender, remember the following:-

1) Document any communications you have e.g. who did you speak to, at what time, etc. So, if later on there are any discrepancies, you have a record of your call.

2) Confirm with the lender whether by taking this holiday, if it will impact your credit history, class as a missed payment or as an arrangement to pay.  Although the answer is likely to be NO, check.

3) If your current mortgage deal finishes during your payment holiday, please ask the lender whether they will consider a product transfer while on a payment holiday. If not and your deal finishes, you could be on their higher standard variable rate when the deal expires.

PLEASE DO NOT JUST STOP MAKING YOUR MORTGAGE PAYMENT WITHOUT SPEAKING TO YOUR LENDER FIRST THINKING THIS WILL BE AUTOMATICALLY COVERED UNDER THE GOVERNMENT SCHEME.

Last updated 25/03/2020

Lenders

Natwest


You can access Natwest's policy here




Halifax


You can access Halifax's policy by clicking here




Santander


To access Santander's policy, please click here




Barclays


To access Barclays policy, click here 25/3/2020 - Barclays mortgage holiday scheme does not currently included buy to let mortgages.




Nationwide


To access Nationwides policy click here




Metrobank


To view Metrobank's policy click here




Accord Mortgages


To access Accords policy, click here




Aldermore


To see Aldermore's policy, click here




Coventry Building Society (incorporating Godiva Mortgages)


To see Coventry's policy, click here




Fleet Mortgages


To access Fleet Mortgages policy, click here




Gatehouse Bank


To view Gatehouse Banks polciy, click here




HSBC


To find out about HSBC's policy, click here




Kensington Mortgages


To view Kensington's policy, click here




Landbay


To view Landbay's policy, click here




Precise Mortgages


To view Precise Mortgages policy, click here




Skipton Building Society


To view Skipton Building Society's policy, click here




The Mortgage Lender


You can call The Mortgage Lender on 0344 257 0427.




Together


To view Together's policy, click here




TSB


To view TSB's policy, go to the overpaying/underpaying menu and select mortgage payment holiday here




Virgin


To view Virgin's policy, click here




Al Rayan Bank


To view Al Rayan Bank's process, click here




LLoyds Bank


To view LLoyds Bank policy, click here




Bank Of Ireland


To access Bank of Ireland's process, click here




Bluestone Mortgages


To see Bluestone Mortgages process, click here




Cambridge Building Society


To view Cambridge Building Society's process, click here




Ipswich Building Society


To see Ipswich Building Society's policy, click here




Masthaven


To view Masthaven's process, click here




Newcastle Building Society


To view Newcastle Building Society's policy, click here




BM Solutions


Could not see a specific guidance. However, here is the link for those facing financial difficulty. Click here




The Mortgage Works (TMW - Part of Nationwide)


For TMW's process, click here




Paragon


To view Paragon's process, click here




Platform - Part of Co-operative Bank


To view Platform's policy, click here




Principality Building Society


To view Principality Building Society's process, click here




Kent Reliance


To view Kent Reliance's process, click here




Bath Building Society


You can see Bath Building Society's process by clicking here.




Chorley Building Society


To see Chorley Building Society's process, click here




Darlington Building Society


To see Darlington Building Society's process, click here




Earl Shilton Building Society


Contact Earl Shilton Building Society on 01455 844 422 between 9am and 5pm Monday to Friday.




The Family Building Society


To see Family Building Society's process, click here




Foundation Home Loans


Foundation Home Loans can be contacted on 0344 770 8030. Or, your can e mail them at am@foundationhomeloans.co.uk




Furness Building Society


To see Furness Building Society's policy, click here




Hanley Economic Building Society


To view Hanley Economic Building Society's process, click here




Hinckley and Rugby Building Society


To view Hinckley and Rugby Building Society's process, click here




Interbay Commercial


Contact Interbay Commercial on 0345 787 000 (selection option 3 then option 1)




Mansfield Building Society


To view Mansfield Building Society's process, click here




Marsden Building Society


To view Marsden Building Society's process, click here




Newbury Building Society


To view Newbury Building Society's policy, click here




The Nottingham


To view The Nottingham's process, click here




Progressive Building Society


To view Progressive Building Society's policy, click here




Swansea Building Society


To view Swansea Building Society's process, click here




The tipton and coseley building society


To view The tipton and coseley building society process, click here




Vida Homeloans


You can speak to Vida on 0344 892 0155.




Royal Bank of Scotland


To see the Royal Bank of Scotland's process, click here




Chelsea Building Society


To view Chelsea Building Society's process, click here




Yorkshire Building Society


To view Yorkshire Building Society's process, click here




Rosinca Mortgages


To view Rosinca Mortgages process, click here




NRAM


To see NRAM's process, click here




The West Bromwich Building Society


To view The West Bromwich Building Society Process, click here




CHL Mortgages


To view the CHL Mortgages process, click here




ATOM


Contact ATOM via the app or call them on 0333 399 0050




Leek United Building Society


To view Leek Building Society's process, click here




Saffron Building Society


To view Saffron Building Society's process, click here




Market Harborough Building Society


To view Market Harbourgh Building Society process, click here




Scottish Building Society


To view Scottish Building Society's process, click here




Harpenden Building Society


To view Harpenden Building Society's proces, click here




Ecology Building Society


To view the Ecology Building Society's process, click here




Shawbrook


If you would like to discuss a payment holiday , you can contact Shawbrook on the following numbers:- Buy to let, Short term lending , Commerical Investment 0345 8480223 cm.customer@shawbrook.co.uk Second Charge 0345 6506287 sl.customer@cs.shawbrook.co.uk





YOUR PROPERTY FINANCE SPECIALISTS

0330 1226 786

London

20 St Dunstan's Hill London EC3R 8HL

 

Essex

Business Hub, Gatweway Building, 10 Elmer Approach, Southend, Essex SS1 1LW

THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP THE REPAYMENTS ON YOUR MORTGAGE.

We normally charge a fee of £499 for arranging a residential / buy to let mortgage. Complex cases (e.g. adverse credit history, Limited company buy to lets & multiple applicants) may have a higher fee. The precise amount depends on your circumstances & the amount of research and administration required. You will be notified about the exact amount prior to application. For offshore & expat mortgages a typical fee of 1% of the mortgage loan size applies.

R3 Mortgages Ltd is an appointed representative of Essex Lending Solutions who are authorised and regulated by the Financial Conduct Authority. R3 Mortgages Ltd is entered on the Financial Services Register https://register.fca.org.uk/  under reference  622213. Registered in England and Wales 8989163. Registered office: 457 Southchurch Rd, Southend-on-sea, SS1 2PH. Some form of buy to let mortgages, commercial mortgages & offshore mortgages are not regulated by the FCA.

©2020 R3 Mortgages Ltd.