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 my mortgage was 647 a month, now down to 490

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T O P I C    R E V I E W
james.ei Posted - 08 February 2010 : 17:59:34
my mortgage was 647 a month, now down to 490 per month as rate has fallen, got my first review with harrington brooks, all they want is the last 12 month payslips and my p60. do i tell them about my mortgage ?
5   L A T E S T    R E P L I E S    (Newest First)
lesley_ Posted - 08 February 2010 : 22:23:34
Ask for an Income and Expenditure form is they haven't provided this and fill this in honestly and accurately.
MelanieGiles Posted - 08 February 2010 : 22:21:32
I am suprised that they have not sent you an income and expenditure form to fill in.
luluj Posted - 08 February 2010 : 18:54:45
honesty is best policy - pay the extra in now and when / if your mortgage goes up again complete a further review to amend your payments again......pay back as much as you can during your IVA !
Julie Posted - 08 February 2010 : 18:39:37
Hi James,

I agree with Andy you will need to declare a new I&E form. Even though your mortgage payments have decreased, maybe some of your other expenditure has increased, council tax, wter rates etc.
Andy Davie Posted - 08 February 2010 : 18:18:08
Hi
Yes you need to.
They should also ask you to fill out a fresh income and expenditure form and you will need to list the correct mortgage payment.
Regards

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