Mortgage breaks for six months as 45,000 apply for payment pause

Mortgage breaks for six months as 45,000 apply for payment pause
Mortgage breaks for six months as 45,000 apply for payment pause

All five main banks — as well as vulture funds — are set to extend the Covid-19 mortgage payment breaks to six months from the current three months.

It comes as the main banking industry group revealed a “significant” number of hard-pressed home borrowers have already applied for a payments deferral.

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