Over-stretched borrowers more likely to use a mortgage holiday

Almost 18% of those with a 95% LTV or higher took a mortgage holiday – compared with around 6% of those borrowing 25% or less, Hargreaves Lansdown analysis found.

Around 17% of those borrowing 5-6 times salary have deferred payments – compared with less than 6% of those borrowing up to one times salary.

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Source: Property Wire

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