YBS Commercial launches online mortgage payment holiday form

YBS Commercial Mortgages customers who have been financially affected by Covid-19 and want to apply for a mortgage payment holiday can now do so online.

Related topics:  Commercial,  Commercial finance
Rozi Jones
26th March 2020
loan house btl second charge computer laptop tech
"We know that some of our customers are experiencing difficulties and require emergency assistance and so we have introduced the facility to request a payment holiday online"

YBS Commercial says it is currently experiencing a high volume of calls from customers and therefore needs to prioritise the most financially vulnerable.

Customers who are unable to make monthly mortgage payments are able to request a payment holiday up to a maximum of three months as long as they are currently up to date with their mortgage repayments and it will not impact their credit file.

The form is available at www.ybs.co.uk/commercial/paymentholiday.

Tom Simpson, managing director of commercial lending at Yorkshire Building Society, said: “We know that some of our customers are experiencing difficulties and require emergency assistance and so we have introduced the facility to request a payment holiday online to help customers."
 

More like this
Latest from Property Reporter
Latest from Protection Reporter
CLOSE
Subscribe
to our newsletter

Join a community of over 30,000 intermediaries and keep up-to-date with industry news and upcoming events via our newsletter.