Coronavirus: RBS to allow customers to defer mortgage payments

Image copyright PA Media

Taxpayer-owned bank RBS will allow borrowers affected by the coronavirus outbreak to defer mortgage and loan repayments for up to three months.

The bank, which runs the RBS, NatWest, and Ulster Bank brands, also said savers could close fixed savings accounts early with no charge.

This is designed to allow people to access cash if they need it as the impact of the virus…

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