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Response to Management charges when in arrears

from pendle (pendle@amun-ra.demon.co.uk)
You should check the small print within your mortgage agreement. Lots of lenders, and not just mortgage lenders, apply heavy charges when you fall into arrears. Just look at what banks charge ordinary current account customers when they go overdrawn without asking!

If they telephone you each month asking if "all is okay", then why not ask them to stop calling? Tell them that its not helping your arrears situation that they charge you for a phone call you don't want.

If you feel that your contract with Kensington is unfair, then take a look at the information on this website and also see a solicitor, they'll be the best people to advise you.

(posted 8326 days ago)

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