How the Mortgage Charter is Helping Over One Million Homeowners
Bacayosign196318 Dec, 2024Other
The Mortgage Charter, introduced in June 2023, has significantly impacted over one million mortgages by May 2024. The Charter includes rules such as protecting homeowners from eviction, securing new mortgage deals early, switching to interest-only payments temporarily, and extending mortgage terms. Borrowers are advised to work directly with lenders and seek professional advice to utilize these benefits.
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