Mortgage Payment Holidays
Temporary change in circumstances? A mortgage payment holiday could help...
Mortgage payment holidays are allowed under the terms of many mortgage contracts, and allow a break in repayments either at your request or under certain conditions. 
Mortgage payment holidays can be great respite if you have a change in your financial circumstances; reasons you may want to take mortgage payment holidays include:
- Maternity Leave
- Change of Employment
- Children's Education
- Exceptional or Unforeseen Expenditure
- Wedding Expenses
- Tax Bill
A mortgage payment holiday clause in your mortgage contract can provide important financial flexibility but we recommend that you take mortgage advice before choosing a mortgage provider who offers this option.
|
3.99%
| Fixed | Jan 2010 | Woolwich (Barclays) |
5.00%
| 60% |
More
|
|
3.99%
| Fixed | Jan 2010 | Northern Rock |
6.00%
| 65% |
More
|
|
4.39%
| Fixed | Nov 2010 | Premier Mortgage Service |
4.00%
| 65% |
More
|
|
4.39%
| Standard | Jan 2011 | Cheltenham & Gloucester |
5.00%
| 75% |
More
|
|
4.39%
| Standard | Jan 2011 | Lloyds TSB Scotland |
5.00%
| 75% |
More
|
|
4.49%
| Fixed | Dec 2010 | Alliance & Leicester |
7.00%
| 60% |
More
|
|
4.59%
| Discount | Nov 2011 | Newbury Building Society |
5.00%
| 75% |
More
|
THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
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