If you have any concerns that your mortgage repayment vehicle will not produce sufficient funds to repay your mortgage by the end of the term, please contact our Mortgage Servicing Team using the details below.

If you have an interest-only mortgage, it is important to remember that it is your responsibility to make sure that you will have adequate capital to repay the mortgage in full at the end of the term of the loan. 

The Society will write to you at intervals during your mortgage term to remind you that your minimum monthly payments due to the Society cover only the interest charged on your mortgage.

If you do not know how the capital balance will be repaid or have any concerns that your capital repayment vehicle will not produce sufficient funds to fully repay the mortgage by the end of the term, you should contact our Mortgage Servicing Team as soon as possible to discuss how we can help you.

Additional information about interest-only mortgages, and how to deal with any shortfalls in your mortgage repayment vehicle, can be found from both Money Helper and the FCA.