Press statement
Support is available for households struggling with mortgage bills, Which? says
1 min read
Sam Richardson, Deputy Editor of Which? Money, said:
"The sharp rise in mortgage rates in recent weeks has put huge additional pressure on households on variable rates or anyone due to remortgage soon. Many people will now be feeling very anxious that they'll be unable to make their monthly payments.
"If you're struggling to pay your mortgage bills, talk to your lender as they can help you get your payments back on track.
"Support measures they could offer include a temporary payment holiday, lengthening the term of your mortgage to cut your monthly instalments or switching you temporarily to interest-only repayments."
ENDS
Notes to editors