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Nationwide Payment Holiday

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AdamMorgan
AdamMorgan Posts: 6 Forumite
in Mortgages & endowments
I’ve just lost my job and I have a mortgage with Nationwide.

Does anyone know if they offer a payment holiday or how they could help at all?

Comments

  • Peelerfart
    Peelerfart Posts: 2,177 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Hi Adam,
    Unless you're very confident of finding a comparable job very soon my advice would be to tell nationwide exactly what has happened.

    Payment holiday, is a very misleading term IMHO.

    Good luck
    PF
    Space available for rent
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Lenders are bound by a duty of care towards their customers. Authorised arrears for period of time shouldn't be an issue. However you yourself need to weigh up the longer term implications and plan an appropriate course of action. Arrears can soon escalate as charges and interest compound.
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