Mortgage payment breaks
Some lenders may agree to a payment break at times when you need extra cash, such as if you have suffered an unexpected drop in income or you are in danger of going into arrears.
If you take a payment break, your lender will usually add the total postponed payments onto your mortgage balance. As a result, your repayments will increase slightly afterwards in order to keep the term of your mortgage unchanged.
Before considering any payment breaks, talk to your lender to make sure they set up the arrangement, as any missed payments not agreed in advance could show up on your credit record and could make it more difficult for you to get a loan in the future.