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Payment Holiday - Woolwich Mortgage

janninew
janninew Posts: 3,781 Forumite
in Mortgages & endowments
HI

Has anybody got any advice/info on taking a payment holiday with the Woolwich?

I've had a quick search on Google and can't find any definate answers. Do you have to make so many monthly payments first (12?), pay extra off previously to qualify?

Any help appreciated.

Thanks.
Janniew
:heart2: Newborn Thread Member :heart2:

'Children reinvent the world for you.' - Susan Sarandan

Comments

  • Yorkie1
    Yorkie1 Posts: 12,609 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Have you looked at your Terms & Conditions, and/or the key facts document? They may well set out the details that apply to your particular loan
  • _Andy_
    _Andy_ Posts: 11,150 Forumite
    janninew wrote: »
    HI

    Has anybody got any advice/info on taking a payment holiday with the Woolwich?

    I've had a quick search on Google and can't find any definate answers. Do you have to make so many monthly payments first (12?), pay extra off previously to qualify?

    Any help appreciated.

    Thanks.
    Janniew

    Have you rung them and asked?
  • getmore4less
    getmore4less Posts: 46,882 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    Many Woolwich(Barclays) mortgage came with a reserve where you can access funds and overpayments which could be used to create a holiday if you have any funds there.
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