Paying your mortgage can be a worry when you are living with cancer. In this video, our financial guides share some of the different ways your lender can help you, and some tips for when you talk to them:
- tips when contacting your mortgage lender
- interest only payments
- reduced payments
- payment holiday
- reduced interest rate
- penalty fees
- mortgage term
If you need more information about managing your mortgage payments, please visit www.macmillan....
For information, support, or someone to talk to, call Macmillan on 0808 808 00 00. We are open 7 days a week, 8am to 8pm.
The Financial Guidance Service will not advise you on the merits of buying, selling, cancelling or making a claim on a specific financial product from any company or otherwise provide you with any regulated services. As a guidance service, we do not provide financial advice or carry on other activities that are regulated and we are not authorised or regulated by the Financial Conduct Authority. No part of our service constitutes, nor is intended to constitute, a financial promotion within the meaning of the Financial Services and Markets Act 2000 nor an invitation or inducement to engage in investment activity. See full details: www.macmillan....
00:00 - What do I do if I can't pay my mortgage?
00:28 - Tips when contacting your mortgage lender
01:25 - Options for managing your mortgage payments
01:38 - Interest only payments
02:25 - Reduced payments
02:59 - Payment holiday
03:20 - Longer mortgage term
03:48 - Changing interest rate
04:34 - More information