If your client defaults on their mortgage payments, they may be liable for the following charges:
|Monthly Arrears Charge||£23|
|Default Notice (if applicable)||£10|
|Cancellation of Eviction||£133|
|Final Collections Letter||£10 per contact address|
|Referral to Solicitors||£207|
|Unpaid Item Type||Fee|
|Unpaid Direct Debit||£0|
|Unpaid Ground Rent||£65|
Any charges applied will be added to the mortgage account and interest will be charged on them.
If your client is experiencing difficulties in meeting their mortgage repayments then a payment holiday may not be appropriate.
Please ask them to contact us to discuss the options available to them. Your client can get in touch by:
- Visiting our payment difficulties page
- Calling us on 0800 464 30 40.