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!
Advice on mortgage reserve
Wibblewobble9
Posts: 1 Newbie
Hello does anyone know can Barclays demand the full balance on a mortgage reserve before the mortgage account is paid off say if you owe the money on the reserve can they ask for it all back - what happens if you can’t repay it all at ounce would you b bankrupt please
0
Comments
-
Is this like an offset mortgage? presume they would want the whole lot paid off before they say that the mortgage account is clear0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.3K Banking & Borrowing
- 253.7K Reduce Debt & Boost Income
- 454.4K Spending & Discounts
- 245.4K Work, Benefits & Business
- 601.1K Mortgages, Homes & Bills
- 177.6K Life & Family
- 259.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards