HSBC mortgage holiday(3 Posts)
wingingit987 Mon 04-May-20 08:03:05
Lumene Mon 04-May-20 08:26:10
ballsdeep Mon 04-May-20 08:30:57
We're thinking that we may need to take a mortgage holiday. I called up hsbc yesterday to ask them how much my mortgage would go up and would it also extend for the last 3 months basically how it works. Our mortgage is already high so we're worried what will happen if it goes up by 50-60 quid.
The lady on the phone said that HSBC never offered mortgage holidays before the gov announced they had to so they haven't decided on how it will be paid back.
Has anyone taken a mortgage holiday with HSBC surely the women I spoke to must have it wrong.
Try ringing again and ask someone else in case she did get it wrong. Or check the MSE site/tweet Martin Lewis?
I think it depends on how large your mortgage is. I've read on twitter than some people's payment have doubled but Martin Lewis has been investigating.
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