Have you missed a mortgage payment?

When we write to you the best thing to do is to call us when you get our letter. The sooner you do, the sooner we can work out a plan. Our team have lots of experience and can explain the next steps, talk to us on 02890 821 682 option 1.

Next, you need to fill out your Income and Expenditure form to get a clear picture of your finances. If you prefer, one of our people will help you fill out the Income and Expenditure form over the phone. You’ll also have to give us other documents such as bank statements and payslips. The sooner you fill out the form, the quicker we can get to a solution

Once we have your Income and Expenditure form and the documents we need, we will see what solution may be available to deal with your mortgage arrears. In most cases there will be a solution for you. For this to happen we need the form fully completed and any other documents we ask you for. That’s the only way we can come up with a solution

In most cases there will be a solution for you. While every case is different some examples of solution are:

• Temporarily reduced payments - where the monthly payment amounts go down for a while
• Arrears added to total amount you owe -where the arrears amount is paid off over time
• Term extension - where the mortgage is paid off over a longer period

But by far the best and cheapest solution is to pay all your arrears. Whether you do that or we agree a solution, it means you have a plan and that’s always better than ignoring the situation.