If your client defaults on their mortgage payments, they may be liable for the following charges:

Arrears Type Fee
Monthly Arrears Charge £23
Arrears Visit £111
Default Notice (if applicable) £10
Cancellation of Eviction £133
Final Collections Letter £10 per contact address
Possession Fee £391
Referral to Solicitors £207
Property Valuation £72
Unpaid Item Type Fee
Unpaid Cheque £0
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.

Payment difficulties

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: