www.mortgage-terms.co.uk



Home
Site Map

Compare
Finance
Debt
Casino


Arrears

The mortgage definition for Arrears:

These are the sum total of late or overdue payments for a mortgage, ground rent and maintenance charges, or any other regular payment. Some insurance policies will automatically be voided if you fall into arrears.

Similar Matches

Arrears breakdown

Arrears breakdown
A month-by-month breakdown of any arrear balance and charges for your mortgage. A fee for this service is often added to your account once you have been sent the breakdown. Costs £10 - £30


Arrears fee

Arrears fee
This is charged on a monthly basis to cover additional administrative costs where your mortgage account is one or more monthly payments in arrears. Costs £15 - £45. You may well be charged arrears fees in connection with other products.


Mortgage arrears

Mortgage arrears
The amount of back pay you owe your mortgage lender for failing to meet your mortgage requirements.




Click to compare definitions of Arrears
Click to view definitions beginning ar
  www.mortgage-terms.co.uk is a finance, business, investment and stock market resource of common mortgage words. Stamp Duty Calculator - Income Tax Calculator.