Newcastle Building Society is the latest lender to confirm that it has signed up to the Government’s Mortgage Charter.
The Charter, which Leeds Building Society and Nottingham Building Society have also confirmed they have signed now includes lenders responsible for around 85% of the total mortgage lending.
Andrew Haigh, chief executive of Newcastle Building Society, said: “We understand that current events are a growing cause for concern and in some cases, financial difficulty, particularly for those with mortgages.
“We’re committed to giving customers the information and help they need so they can make the right decision for their particular circumstances.
“Newcastle Building Society is a signatory to the Mortgage Charter, which will introduce some additional measures for those experiencing mortgage payment difficulties in what are very challenging times.
“We are well prepared to help our customers as we have a comprehensive range of mortgage support options already in place, and encourage our customers to speak with our highly trained team in the first instance to understand the best solution for their individual circumstances.”
