kafs78
Well-Known Member
- Joined
- Apr 30, 2010
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HI
I spoke to my Mortgage provider and i didnt realise i was entitled to a 6 month payment holiday, once i provide my MATB1 form.
Basically, you freeze mortgage payments for your chosen 6 months, and the interest that accrues is spread evenly across the remaining term time....
Excellent for helping with money worries over xmas/NY .. MAT pay etc
I spoke to my Mortgage provider and i didnt realise i was entitled to a 6 month payment holiday, once i provide my MATB1 form.
Basically, you freeze mortgage payments for your chosen 6 months, and the interest that accrues is spread evenly across the remaining term time....
Excellent for helping with money worries over xmas/NY .. MAT pay etc