House hunters can extend their mortgage approval if they need more time to find a home due to Covid-19 restrictions.
Once their salaries remain intact, customers can extend the approval beyond 6 months.
According to the Banking and Payments Federation, customers whose pay has been cut can return to their application once they can provide an update on their employment and income.
CEO of the Banking and Payments Federation, Brian Hayes, says it's business as usual for the banks.
"If you have mortgage approval up to six months, and your circumstances haven't changed, you still have your income intact and you still want to go after that house, to make an offer and get it - you simply apply to your bank and you'll be extended in terms of the mortgage approval."
