Numerous deals come with a Mortgage Payment Holiday facility. This is where a break in monthly mortgage repayments is allowed either at your request or as long as conditions have been met.

Mortgage Payments Holidays can be of great relief if your situation changes or if you have a change in financial circumstances.

Typical reasons for payment holidays are

Childrens Education

Maternity Leave

Wedding Expenses

Business Issues

Change of Employment

Tax Bill

Mortgage payment holidays are allowed under the terms of many mortgage contracts, and allow a break in repayments either at your request or under certain conditions.

It is important to go through Mortgage Payment Holidays with a mortgage specialist as some deals allow this facility while others do not. To speak to a specialist about a Mortgage Payment Holiday please click here.