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RBS house repossession reprieve

Wednesday July, 2009 6:04 pm | Loosing Property, OK Homebuyers, Repossession | admin |


ROYAL Bank of Scotland has promised customers six months grace if they struggle to meet mortgage repayments.

 The NatWest owner said it wanted to “lift the pressure” on homeowners. A spokesman said: “We want to reassure customers.”
The Government last week urged lenders to grant a minimum three months breathing space.
RBS sold a near 60 per cent stake in the business to the Government last Friday - in exchange for a £20billion bailout.

www.thesun.co.uk

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