Mortgage holiday could be extended for three months

The Chancellor is mulling plans to extend mortgage holidays for another three months for those still struggling financially due to the coronavirus pandemic. Rishi Sunak is working alongside the Financial Conduct Authority (FCA) and the banking sector to provide further relief to UK homeowners, the Financial Times has reported. Sources said there would not be a "blanket" extension and that criteria could be tightened. They said the whole scheme would be kept open for new applications to prevent a