UK RMBS market anticipates moratorium extensions

Lockdown_AdobeStock_575x375_07Jan21
By Tom Brown
07 Jan 2021

Charities are calling for the UK government to extend the ban on evictions set to end on January 11, prompting speculation in the ABS market that mortgage moratoria will also be extended, thanks to the third lockdown now underway.

The UK’s third national lockdown came into force on Tuesday, placing all regions into Covid Alert Level Five, the most severe in the UK’s tier system. In the past two times when the UK government announced a national lockdown, a ban on evictions of rental tenants coincided with ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial