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Rishi Sunak: Mortgage holiday complications as Chancellor dubbed naive | Personal Finance | Finance

| UPDATED: 14:09, Sun, Feb 14, 2021 Link copied Make the most of your money by signing up to our newsletter for FREE now SUBSCRIBE Invalid email When you subscribe we will use the information you provide to send you these newsletters. Sometimes they ll include recommendations for other related newsletters or services we offer. Our Privacy Notice explains more about how we use your data, and your rights. You can unsubscribe at any time. Rishi Sunak has been tasked with managing the Government’s economic response to the COVID-19 crisis over the 11 months. As part of his plan to help rescue the frozen property market, and assist those with financial struggles, he announced a mortgage holiday scheme alongside the Financial Conduct Authority (FCA) which was quickly taken up by millions. A mortgage holiday allowed Britons to temporarily pause their payments for a three month period, to help them get back on their feet financially.

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