• Text size
  • Send this article to a friend
  • Print this article

RBS doubles grace period to six months for homeowners

The Royal Bank of Scotland yesterday pledged to give struggling homeowners a six-month period of grace before launching repossession action, prompting calls for other lenders to �raise the bar�.

Custom byline text: 
heraldscotland staff

CATHERINE FEGAN and ROBBIE DINWODDIE

The Royal Bank of Scotland yesterday pledged to give struggling homeowners a six-month period of grace before launching repossession action, prompting calls for other lenders to "raise the bar".