Mortgage End Of Term?

joe2cool
joe2cool Forumite Posts: 4,117
Part of the Furniture 1,000 Posts Photogenic
Forumite
Hi my mortgage is coming to its end of term could I delay due date of final payment for 2 weeks as sufficient funds available then? Realise extra costs possible for final payment. 
Thx
joe2cool

Comments

  • MWT
    MWT Forumite Posts: 8,883
    1,000 Posts Third Anniversary Name Dropper
    Forumite
    joe2cool said:
    Hi my mortgage is coming to its end of term could I delay due date of final payment for 2 weeks as sufficient funds available then? Realise extra costs possible for final payment.
    Your lender is the only one that can answer that...
    In the current climate and for such a short delay I'd hope they would agree, but they don't have to of course...
    Even if they agree, make sure you understand what they are going to put on your credit report as they are still entitled to show it as a late payment...

  • joe2cool
    joe2cool Forumite Posts: 4,117
    Part of the Furniture 1,000 Posts Photogenic
    Forumite
    Hi thx alot I will be in touch
    joe2cool
  • Brie
    Brie Forumite Posts: 7,448
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Forumite
    notifying them in advance will be the crucial thing.  rather than just being late with the payment.
    "Never retract, never explain, never apologise; get things done and let them howl.”

    2023 £1 a day  £553.26/365
  • joe2cool
    joe2cool Forumite Posts: 4,117
    Part of the Furniture 1,000 Posts Photogenic
    Forumite
    Thx will do
    joe2cool
Meet your Ambassadors

Categories

  • All Categories
  • 338.9K Banking & Borrowing
  • 248.7K Reduce Debt & Boost Income
  • 447.6K Spending & Discounts
  • 230.8K Work, Benefits & Business
  • 600.9K Mortgages, Homes & Bills
  • 171.1K Life & Family
  • 244K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 15.9K Discuss & Feedback
  • 15.1K Coronavirus Support Boards