Mortgage borrowers hit by Covid-19 jobs slump 'facing problems securing mortgage breaks'

Mortgage borrowers previously in arrears but who are now up to date with their monthly payments have had difficulties in automatically accessing the three-month mortgage payment breaks, according to a leading broker.
Mortgage borrowers hit by Covid-19 jobs slump 'facing problems securing mortgage breaks'

Mortgage borrowers previously in arrears but who are now up to date with their monthly payments have had difficulties in automatically accessing the three-month mortgage payment breaks, according to a leading broker.

Michael Dowling, who is also a Personal Insolvency Practitioner debt adviser, said his experience in recent weeks is that mortgage customers who were in arrears were  being asked to fill in long and detailed financial assessments.

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