UK lenders to give homebuyers three-month mortgage extension option

LONDON (Reuters) - British lenders agreed on Thursday to give all homebuyers the option of extending mortgage offers by three months after the coronavirus outbreak brought the housing market to a near standstill.UK Finance, the banking industry body, said banks would grant homebuyers who have exchanged contracts the possibility of moving at a later date by extending their mortgage offer for up to three months."Lenders recognise that many people looking to move into their new home are facing..