According to recent data, 1 in 14 mortgages in Australia have been deferred as a result of financial hardship linked to COVID-19.
While this has created much needed breathing room for those struggling with repayments, it’s important to note that unpaid interest which accrues during this period will still be added to the outstanding balance of the loan.
In such a time, financial planning is imperative. Contact our experts today for a free consultation to find out what your options are today.
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