Your client may be liable for the following charges if they default on mortgage repayments. Any charges applied will be added to the mortgage account and interest will be charged on them.
| Arrears Type | Fee |
|---|---|
| Monthly Arrears | £20 |
| Arrears Visit | £95 |
| Auction Attendance | £50 |
| Debt recovery fee | £55 |
| Default Notice (if applicable) | £10 |
| Eviction Cancellation | £50 |
| Letter before Legal Action | £10 |
| Possession Fee | £250 |
| Solicitor's Instructions | £70 |
| Valuation (for Possession Purposes) | £139 |
| Unpaid Item Type | Fee |
|---|---|
| Unpaid Cheque | £27.50 |
| Unpaid Direct Debit | £27.50 |
| Unpaid Ground Rent | £30 |
If your client runs into difficulties with their mortgage repayments it is important they contact us on 08457 302010 straight away so we can try to help resolve any financial problems they are facing. The sooner we understand their situation, the sooner we can help.
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