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The Mortgage Charter

An announcement made by the chancellor on the 26th June 2023 confirmed the introduction of a set of standards designed to provide relief for borrowers dealing with higher interest rates and a higher cost of living, called the Mortgage Charter.

14 July, 2023

An announcement made by the chancellor on the 26th June 2023 confirmed the introduction of a set of standards designed to provide relief for borrowers dealing with higher interest rates and a higher cost of living, called the Mortgage Charter.

A number of lenders including Progressive Building Society have signed up to this Charter.   

You can read the Mortgage Charter in full by clicking here.

If you are experiencing financial pressures and you’re worried about paying your mortgage, we’re here to help.  If you would like further information on the Mortgage Charter support, please contact us on 028 9016 0949.

(Please note: Under the Direct Debit guarantee, we are required to give 10 business days’ notice to make a change to the Direct Debit amount. Please take this into account if you are requesting one of the new Mortgage Charter support measures).

 

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