Just Group gives hundreds of pounds to homeowners struggling to sell properties in Covid-19 lockdown

Just Group (“Just”), the retirement specialist, today announces it has made changes to its lifetime mortgage products to help its customers, and beneficiaries of its customers, who are unable to sell properties during the government lock-down period.

Just is giving hundreds of pounds back by reducing the lifetime mortgage interest rates on the properties of customers who have died or moved into long-term care.

Paul Turner, Managing Director, Retail at Just

Paul Turner, managing director, Retail at Just, said:

“Many of our customers are unable to sell their properties as the government lock-down has effectively closed the housing market. We don’t have the power to open the housing market, but we can help our customers and their families by giving them hundreds of pounds on average.”

For customers who had properties to sell on or before 26 March, these changes will be back dated to 26 March, when the housing market was effectively closed following government stay-at-home guidance.

Just will implement these changes from 26 March for up to 3 months and keep the policy under review.

Kindly shared by Just Group