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Good News if you have a C&G mortgage...

Chez_Guevara
Posts: 33 Forumite
Don't know if this is the relevant forum to put it in, but here's some interesting news that you may not know about.
I was really struggling to pay everything each month, so I rang my mortgage lender - C&G - to ask them about the possibility of a payment holiday. I thought if I could just get a month's grace, it would really help.
They amazed me by saying that I could have a 6-MONTH payment holiday, without it affecting my credit file. They roll the interest up and add it to your loan, so in effect, it's like taking out a small further advance.
But this has been incredibly helpful to not have my mortgage to pay for 6 months in this difficult time.
If anyone has a C&G mortgage and are struggling at this moment in time, give them a ring - it may well be worth your while.
I was really struggling to pay everything each month, so I rang my mortgage lender - C&G - to ask them about the possibility of a payment holiday. I thought if I could just get a month's grace, it would really help.
They amazed me by saying that I could have a 6-MONTH payment holiday, without it affecting my credit file. They roll the interest up and add it to your loan, so in effect, it's like taking out a small further advance.
But this has been incredibly helpful to not have my mortgage to pay for 6 months in this difficult time.
If anyone has a C&G mortgage and are struggling at this moment in time, give them a ring - it may well be worth your while.
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