UK lenders offer mortgage extensions as banks and customers grapple with coronavirus disruptions

CNN | Mar 26, 2020 at 9:23 PM
  • New York (CNN Business)Coronavirus has disrupted most areas of life — and home buying and selling are no exception.
  • The measure will allow customers to push their moves back to a later date.
  • The extension also takes into account that some new mortgage customers could see a dramatic change in income over the next several months as authorities struggle to get a handle on the pandemic.