Contact your mortgage provider as lenders are granting three month repayment holidays to all homeowners who are up to date with their mortgage payments and this includes buy-to-let mortgages who are receiving less rent as a result of Coronavirus. Be aware that this doesn’t mean your mortgage amount will be reduced, it is likely that after a payment holiday the mortgage payments will increase or the term of the mortgage extended. Landlords are expected to pass on any reduced payment arrangements to their tenants. First check your landlord’s insurance policy to see if it covers rent arrears.

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