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What assistance are lenders offering during the Coronavirus crisis?

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The Financial Conduct Authority (FCA) have stated that they are expecting lenders to offer Payment Holidays to borrowers who are having difficulties meeting the payments on a mortgage secured against their home, as a direct result of the coronavirus.

Searchlight Finance Limited is registered in England and Wales No.07929050 Searchlight Finance Limited is authorised and regulated by the Financial Conduct Authority and is entered on the Financial Services Register (http://www.fca.org.uk/register) under reference 743220. The FCA do not regulate Business Buy to Let Mortgages or most Commercial Mortgages and Bridging Finance. ICO Number Z3109319. Your property may be repossessed if you do not keep up repayments on a mortgage or any debt secured on it.