What happens to the missed payment during and after a Payment Holiday?
During the agreed amount of time of a Payment Holiday any payments you don’t make will be added to your mortgage balance and interest will continue to be charged on the total mortgage amount you owe.
At the end of the Payment Holiday, you will have to make up the missed payments. There will be various options for doing this, for example by increasing your monthly payments slightly, or by adding a short extension to your term. Your lender will be able to explain what options it offers.