May 20, 2020 / 4:42 PM / 17 days ago

UK considering extension of mortgage holiday scheme - FT

LONDON (Reuters) - Britain is considering an extension of its mortgage payment holiday scheme for homeowners in financial difficulty during the coronavirus outbreak, the Financial Times reported on Wednesday, citing people familiar with the discussions.

The sources said there would not be a “blanket” extension and that criteria could be tightened.

Reporting by Andy Bruce; editing by Stephen Addison

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