We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Northern Rock
desmonds
Posts: 97 Forumite
Hi,
I want to propose to NR a reduction in my monthly mortgage because of financial difficulties.
How amenable are they and are they helpful.
I was thinking of paying 1k instead of £1400 per month and wonder whether they would accept a £400 reduction in mortgage payments.
Paul
I want to propose to NR a reduction in my monthly mortgage because of financial difficulties.
How amenable are they and are they helpful.
I was thinking of paying 1k instead of £1400 per month and wonder whether they would accept a £400 reduction in mortgage payments.
Paul
0
Comments
-
Hi Desmonds
It is worth ringing them but have you got a morgage that allows a holiday period? We have a Together Mortgage with them and I think we are allowed 3 months holiday every year (not 100% sure) but a payment holiday might help you out a lot more than reducing the payments.
Good luck.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.5K Banking & Borrowing
- 254.2K Reduce Debt & Boost Income
- 455K Spending & Discounts
- 246.6K Work, Benefits & Business
- 602.9K Mortgages, Homes & Bills
- 178.1K Life & Family
- 260.6K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards