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When are the mortgage providers going to actually start implementing the new mortgage charter?

Sandwich · 2023-07-05 21:51:22

The mortgage charter forbearance measures were announced on 23 June. It's now nearly two weeks later and I've noticed from threads on here, and from my own experience that the banks are not actually doing what they've agreed to yet. One person mentioned being refused a 6 month switch to interest only (supposed to be…

Comments

london21 Posts: 2,236 Forumite

12 July 2023 at 6:53PM

Nationwide for example already allow 6 months but a lender like virgin money not changing their 120 days. Unless it changes.

I intend to move providers now as rates pretty unstable.

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