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I have mortgage arrears |
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There are more homeowners in the UK than ever before which also means that more people have a mortgage than ever before. Whilst nobody can foresee the future there are times when income can be tight for many people and mortgage payments can be missed. It is important to try to clear mortgage arrears and solve the problem as soon as you can. In today’s marketplace there are many plans to assist people who have unfortunately fallen behind with their mortgage repayments. Our experienced in-house underwriters will discuss your requirements and find the most suitable plan for you. |
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The overall cost for comparison is 10.8% APR variable. The actual rate will depend upon your circumstances. Ask for a personalised illustration. Our rates start from 7.9% APR variable. We also have a range of plans with rates up to 17.5% APR allowing us to help customers even with the most severe credit problems. If you are thinking of consolidating existing borrowing you should be aware that you will be extending the terms of the debt and increasing the total amount you repay. A fee of between 0% and 10% of the loan may be charged depending on credit history and ability to prove income. The amount of fee will depend on your circumstances, however, we estimate that it will be 5% of the loan amount.