Concerns Raised As Banks Refuse To Give Blanket Extension To Mortgage Break Scheme

A leading economist claims people in financial difficulty could now find themselves in a 'nightmare situation' with their banks.

It's after yesterday's decision by the five main banks not to extend mortgage breaks beyond tomorrow.
The scheme was introduced in March to help customers whose jobs were impacted by the pandemic.
The banks say they will continue to offer mortgage breaks on a case-by-case basis