Your Annual Mortgage Statement Explained

THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

A simple guide to your mortgage account 2014

You will receive your annual mortgage statement in February.

Your statement will show payments that you’ve made, interest charged, insurance premiums charged (if applicable), plus details of any fees and charges added to your mortgage. As part of your statement you’ll also receive an interest rate history, details of your outstanding balance and other important information.

This site explains what your mortgage statement means to you and also gives you answers to frequently asked questions.