Interest only mortgage and mortgage payment holiday?

Berin

I am self employed and work in events. All my work was cancelled overnight and is not expected to start again until July.
I haven't approached my mortgage lender as yet as I was waiting to see how much I could receive from the proposed 'self-employed government help scheme' and then see what payments I can/should make.
I also might need to approach some credit card companies even thought they are 0% interest, as I am not sure I can make the min payments next month. 

As a result I have a couple of questions and would appreciate any feedback:
1. My mortgage is an interest only mortgage, so would the holiday period be allowed on an interest only mortgage?
Or is it just a holiday for repayment mortgages
2. As I am on 0% deal with my credit cards, would asking for a temporary freeze on payments until my work restarts likely to break the 0% deal and result in it reverting back to the lenders normal interest rate?
Also, if they agree to apply a temp freeze, will this have an adverse effect on my credit score? 
Many Thanks in Advance

Jeremy535897

1. No suggestion I'm aware of that interest only mortgages are treated differently.
2. Pay them the minimum if at all possible. It's already a great deal. You can ask them for a freeze, but I guess both the normal interest rate and credit score impact will happen. No harm in asking though, I hope.

Berin

Jeremy535897 said:

1. No suggestion I'm aware of that interest only mortgages are treated differently.
2. Pay them the minimum if at all possible. It's already a great deal. You can ask them for a freeze, but I guess both the normal interest rate and credit score impact will happen. No harm in asking though, I hope.

Thank you Jeremy,
I am truly hoping I can pay my mortgage and the CC the min payments. It just depends what the government throw out to us self employed peeps on Friday. As it stands,  I am looking at 6 months with no salary as all events have been delayed until July/August, then there is a 6 week wait to be paid by the event.  Not a situation I have ever found myself in, not that I am alone of course. 

Jeremy535897

Apply for the mortgage holiday now if there's any risk of defaulting on the credit card debts. Check your entitlement to universal credit.

neilmcl

Considering how low interests are now are you really going to save that much by taking a mortgage holiday on an interest only mortgage.

Jeremy535897

If it saves enough to meet the credit card monthly payments, yes.