The Government should seek to give people the option of extending an existing mortgage holiday from six to nine months due to the second lockdown which has stopped a lot of people from working again, with people laid off or losing their jobs.
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Agreeing arrangements with lenders for an extension to mortgage payment holidays would help people who have been forced to stop working due to the second lockdown, people who are self-employed who aren’t eligible for the support scheme, and people who have lost their jobs due to Covid-19.