Martin Lewis Reacts To Jeremy Hunt's Mortgage Support Package: 'It Looks Like He Listened'
Martin Lewis from Money Saving Expert.
Martin Lewis has welcomed chancellor Jeremy Hunt’s agreement with mortgage lenders as spiralling interest rates risk destabilsing the economy.
In a summit with banks and building societies at Downing Street on Friday, Hunt said they agreed to implement a 12-month minimum grace period before repossessing homes.
Lenders also agreed to allow struggling borrowers to extend the term of their mortgages or move to an interest-only plan temporarily with “no questions asked... Читать дальше...