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UK mortgage holders to get 12-month grace period before repossessions, says Hunt

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People who renegotiate the terms of their mortgage on a temporary basis will not have to worry about having their credit scores downgraded, the chancellor, Jeremy Hunt, has said.
Banks have agreed that people should be given a 12-month grace period before repossession proceedings start.
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#JeremyHunt #Mortgages #Lenders #Economy #InterestRates #Tories #UK
Category
News and politics
Tags
bank of england, banks, business

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