Mortgages: Coronavirus

(asked on 9th September 2020) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what estimate he has made of the number of owner-occupiers of residential properties who have deferred mortgage payments during the covid-19 outbreak who (a) have received payments through the (i) Coronavirus Job Retention Scheme and (ii) Self- Employed Income Support Scheme, (b) have not received payments through either of those schemes and are not claiming benefits, (c) have not received payments through either of those schemes and are not eligible for benefits and (d) are still in paid work.


Answered by
John Glen Portrait
John Glen
Paymaster General and Minister for the Cabinet Office
This question was answered on 16th September 2020

The Government announced the availability of the 3-month payment holiday in March. Since then over 2 million mortgages have been granted a payment holiday. The Government does not hold data regarding the employment status of those borrowers that have taken a payment holiday.

So far, the Coronavirus Job Retention Scheme has helped 1.2 million employers across the UK furlough 9.6 million jobs, protecting people’s livelihoods (as at midnight 16 August 2020). The value of the scheme is £35.4bn.

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