If you are not able to make your mortgage payments due to coronavirus, you can apply for a mortgage payment break for 3 months.
This option is for people who:
- haven’t had a mortgage payment break, or
- have only had one payment break.
Keep in mind that if you take a payment break, interest will continue to build at your usual interest rate. This means the total amount of interest you pay over the term of your mortgage will increase.
Apply for a mortgage payment break