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Can you please advise-not thinking straight.
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Merlot
Posts: 1,890 Forumite
I remortgage my home recently and my new mortgage lender sent me a letter confirming and quoting:
The first payment - this figure includes interest due from 2 July 2007 - 19 July 2007, payable on the 19th July 2007 - £535.34.
Monthly Repayment Date: 19th of the month.
Subsequent monthly payment - this will be your regular repayment each month £784.07.
Are both payments due on the 19 of July or just the 535.34, sorry if this a really dumb question but I am not thinking straight at all just now, my father is quite ill and I have been with him for a few days now and returned home to find this letter on my doormat, I have checked my online bank and Abbey have only taken the 535.34, do I owe them the 784.07? If so, its not a problem I have the money available but I am concerned if I do owe them the monies why they haven't taken it on the 19 July.
Merlot
The first payment - this figure includes interest due from 2 July 2007 - 19 July 2007, payable on the 19th July 2007 - £535.34.
Monthly Repayment Date: 19th of the month.
Subsequent monthly payment - this will be your regular repayment each month £784.07.
Are both payments due on the 19 of July or just the 535.34, sorry if this a really dumb question but I am not thinking straight at all just now, my father is quite ill and I have been with him for a few days now and returned home to find this letter on my doormat, I have checked my online bank and Abbey have only taken the 535.34, do I owe them the 784.07? If so, its not a problem I have the money available but I am concerned if I do owe them the monies why they haven't taken it on the 19 July.
Merlot
"Wisdom doesn't automatically come with old age. Nothing does, except wrinkles. It's true, some wines improve with age. But only if the grapes were good in the first place." — Abigail Van Buren
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I think you'll find that the £784.07 will be taken on the 19th August and then every month afterwards.dolce vita's stock reply templates
#1. The people that run these "sell your house and rent back" companies are generally lying thieves and are best avoided
#2. This time next year house prices in general will be lower than they are now
#3. Cheap houses are a good thing not a bad thing0 -
dolce_vita wrote: »I think you'll find that the £784.07 will be taken on the 19th August and then every month afterwards.
Thank you Dolce Vita for the response, Sorry for the really dumb question but I have sat and looked at this for twenty minutes and couldn't make my mind up, it doesn't help that I have had a couple of glasses of wine. many many thanks."Wisdom doesn't automatically come with old age. Nothing does, except wrinkles. It's true, some wines improve with age. But only if the grapes were good in the first place." — Abigail Van Buren0
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