All payment breaks must end by 31 July 2021. If you decide a payment holiday is right for you, you need to apply by 31 March 2021.
However, if you’re newly affected by coronavirus, and you want to benefit from the full 6 months of available support, you should apply at least 7 working days before your February 2021 payment is due.
If you’ve already taken one 3 month payment holiday, you have until 31 March 2021 to apply for a second one.
After 31 March 2021, you can extend an existing payment holiday up until 31 July 2021. This is as long as:
- it doesn’t go over the 6-month payment holiday limit, and
- there are no gaps in the support.
If you’ve already had 6 months of payment support