Martin Lewis on mortgage holidays: ‘in case you don’t want it, don’t do it” – must you declare? | Private Finance | Finance


Whereas Martin feels that the mortgage vacation scheme is not going to be prolonged, it must be highlighted that that is in distinction to what Rishi Sunak has said in current months.

When asserting the scheme in mid-March, the Chancellor of the Exchequer assured the nation that he’ll do no matter it takes to maintain the financial system going, a sentiment he has expressed repeatedly: “Final week, I set out an preliminary financial response within the Funds.

“I promised to do no matter it takes to help our financial system via this disaster – and that if the scenario modified, I might not hesitate to take additional motion. That’s what I wish to start doing in the present day.”



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