Your Annual Mortgage Statement Explained

Warning: THE MORTGAGED PROPERTY (WHICH MAY BE YOUR HOME) MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

A simple guide to your mortgage account

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 during the year. As part of your statement, you’ll also receive an interest rate history, details of your outstanding balance and other important information.