Homes Under The Hammer’s Martin Roberts sparks concern in new video ‘You’re scaring me’

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Homes Under The Hammer’s Martin Roberts, 57, took to Twitter to discuss how mortgage payment holidays could affect somebody’s credit rating during the coronavirus pandemic, and his views left one particular fan concerned. In a video shared with his 24,000 Twitter followers, he said: “I’ve said all along that I think the fact that the property market was put on hold was a really good thing, it gave people the change to take a bit of a breather.

We’ve just got to shout about it

Martin Roberts

“One thing I think has been very worrying, and what I’m fairly upset about, is the fact that although people were promised that taking a mortgage holiday would not affect their credit rating, it’s transpired that, for some people, they are finding themselves negatively prejudiced when they did take a mortgage holiday.

“My prediction is, somebody big is going to have to step in and make sure that can’t happen, because you can’t promise people that it’s okay to take a mortgage holiday and say you won’t be penalised and they penalise them.

“That is basically rubbish, so I’m hoping if enough people get together, and I know some of the national papers are starting their campaigns on this, we’ve just got to shout about that.

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“People who said that was the case have got to stand up to the mark there because that’s completely pants.”

The property expert captioned the post: “Has your credit been damaged by taking a COVID Mortgage Holiday? What are the Stamp Duty changes?

“What’s the latest Property Price Predications?”

Martin’s video prompted one of his fans to express their concerns on the micro-blogging site.

They wrote: “We took a 3 month holiday. Didn’t need to but to make sure our finances were covered while not working… now you’re scaring me.

“I’m going to give them a call later to ask!!”

Martin urged the person in question not to be too worried as he replied: “Don’t panic. It’s not affecting everyone.

“And they will always look at a big mix of factors.”

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One in six mortgage holders have suspended their payments during the coronavirus pandemic.

Back in March, Chancellor Rishi Sunak announced that mortgage lenders should offer a three-month payment holiday to help anyone struggling to meet their normal outgoings during the crisis.

If renters are struggling, a payment holiday is also available to landlords with a buy-to-let mortgage.

Last month, the Financial Conduct Authority (FCA) confirmed that anyone who is still struggling to pay their mortgage will be able to extend their payment holiday for a further three months.

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According to Experian, a payment holiday should not damage your credit report as long as it’s agreed with your lender in advance.

They added a missed payment could be registered on your credit report if a direct debit is cancelled or a repayment is failed to be made on the agreed date.

The examples above could result in being charged a fee.

Homes Under The Hammer airs weekdays from 10.45am on BBC One.

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