At Lloyds, more loans miss repayments as they exit moratoria
Almost a year since the Covid-19 pandemic first hit the UK, Lloyds has lifted payment holidays for £66.6 billion ($94 billion) of loans. But 5% have since fallen into delinquency.
As of this February, £3.6 billion of loans that had exited moratoria have skipped repayments, up from £2.4 billion as of October 2020. The majority of these – £3.1 billion – are mortgage loans, representing 2,400 customers. Lloyds had £277.3 billion of loans outstanding in its open mortgage book as of end-December.
C
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
