Other financial help and assistance

Mortgages

For those in difficulty due to COVID-19, mortgage lenders will offer at least a three month mortgage holiday. This will also apply to landlords whose tenants are experiencing financial difficulties because of COVID-19.

Customers who are concerned about their current financial situation should contact their lender at the earliest possible opportunity to discuss if this is a suitable option for them.

Evictions

No renter in either social or private accommodation will be forced out of  their home during this difficult time

Landlords will not be able to start proceedings to evict for at least a 3 month period.

3 month mortgage payment holiday extended to landlords

Tenants are still liable to make payment and should pay as usual, however if you are facing financial hardship, please speak to your landlord.

Loans and Credit Cards

If you are experiencing difficulties paying back personal loans or credit card bills as a result of COVID-19 please speak to your lender who should have flexibility built into their schemes

The Money and Pensions Service have added two pages to their website which will be constantly monitored and updated which will provide direct guidance to the public about money in general and then more specific financial guidance and actions that people can take to help themselves: 

Coronavirus and your money

Coronavirus – what it means for you and what you’re entitled to

Return to the main Information on your finances during coronavirus pandemic page

Page last updated: 03/04/2020