Buy To Let Mortgage Payment Holidays

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We are hearing from Clients already worried about their property finance and we would like to help.

You may be aware that if you have been severely affected by COVID -19, that the Government has confirmed that Landlords may look to take a mortgage payment holiday.  The payment holidays of up to three months will be offered on the understanding the benefit is to be passed to the tenant, who will then work with you to set up an affordable repayment plan after that.

We have been speaking to as many BTL Lenders as we can on behalf of our Clients and they are encouraging BTL mortgage holders to contact them to discuss their individual circumstances.

Here are some useful contact points for Clients and Non-Clients alike: -

Sterling Capital Reserve Contacts

Andrew Hunt 07772 235189              Nic Rotton  07909 690190

BTL Lenders

Shawbrook Bank: 0345 8484060 or cm.customer@shawbrook.co.uk
Paragon Bank: 0345 8494060 or btlcs@paragonbank.co.uk
Precise Mortgages:  0800 2985714
The Mortgage Works: https://www.themortgageworks.co.uk/payment-holidays
Kent Reliance: https://www.kentreliance.co.uk/contact-us
Landbay Website: 0345 053 6825 or https://landbay.co.uk/covid-19
Interbay Web: https://www.interbay.co.uk/coronavirus-we-re-here-for-you or Recoveries@interbayuk.com

RBS -                           0345 301 6910
NatWest -                    0345 303 0191
Halifax -                       0345 850 3705
Lloyds -                        0800 783 3534
TSB -                            0345 835 3380
Principality -                0330 838 7581
Virgin Money -            0345 602 8301
Clydesdale -                 0800 121 4203
Nationwide -               0800 464 30 30
HSBC -                         0345 587 3471
Santander -                 0800 0124 4603
Skipton -                      0345 850 1711
Yorkshire BS -              0345 1200 200
Barclays –                    0800 022 4022
Furness -                      0800 220 568
Platform -                    01752 236 550

Further advice for Landlords on other aspects of the affect of COVID - 19 can be found on the following websites: -

National Landlords Association
http://nla.landlords.org.uk/coronavirus-information-for-landlords/?_ga=2.126512909.1267245063.1585137177-332856208.1580726459

National Residential Landlords Association
https://www.rla.org.uk/campaigns/coronavirus/index.shtml?ref=hero



Contact Sterling Capital Reserve regarding you Commercial Finance requirements