Over-stretched borrowers more likely to use a mortgage holiday
Almost 18% of those with a 95% LTV or higher took a mortgage holiday – compared with around 6% of those borrowing 25% or less, Hargreaves Lansdown analysis found.
Around 17% of those borrowing 5-6 times salary have deferred payments – compared with less than 6% of those borrowing up to one times salary.
To learn more about this story please click here
Source: Property Wire
