Property and loan related FAQ
We provide answers to a number of frequently asked questions below. We will continue to add new questions and update our answers as events and government announcements unfold.Questions about pausing loan repaymentsHow does the loan repayment pause work?Banks are offering customers the ability to pause residential loan repayments for up to 6 months if they have been impacted financially by coronavirus. I provided links to each lender’s relevant webpage at the bottom of this blog post.It is important to note that banks are not offering an interest-free period. Interest in respect to your loan…
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