Clydesdale Bank proposes a 3-month mortgage holiday period for its clients, who are in financial hardship because of COVID-19.
For this, a customer should make an application on the bank's site.
During the mortgage holiday from Clydesdale Bank, a customer does not repay his loan and pays penalties, but the interest must be paid.
After the loan holiday, the terms of the loan can be revised to make it easier for the client to repay the loan, for example, the loan term can be extended.
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