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Mortgage Arrears Support Letter

A completed request to a lender for a sustainable arrangement after redundancy caused mortgage arrears.

Jurisdiction: England and Wales - completed fictional worked example

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Important: This sample provides general legal information only and is not legal advice. Check the law, prescribed forms and signing requirements that apply to your exact jurisdiction and circumstances before use.

# MORTGAGE ARREARS SUPPORT LETTER

Date: 12 March 2038

Parties: To: South Coast Building Society, Mortgage Support Team; From: Daniel Morris, 14 Willow Close, Portsmouth PO3 6QH; mortgage account MS-482716

## 1. Addressee and account

12 March 2038 — South Coast Building Society, Mortgage Support Team. I, Daniel Morris, am the borrower for 14 Willow Close, Portsmouth PO3 6QH, account MS-482716. My correspondence address and telephone number are unchanged.

## 2. Chronology and present arrears

My redundancy took effect on 20 January 2038. The contractual instalments due on 1 February and 1 March 2038 were each £1,120 and remain unpaid, so the stated arrears are £2,240. I am applying promptly rather than ignoring the account.

## 3. Basis and proposed arrangement

Please assess my circumstances and any reasonable arrangement under the current terms of the mortgage and applicable FCA mortgage-arrears rules, using the current process and forms you require. I propose £600 on 1 April, 1 May and 1 June 2038, followed by a review; please consider capitalising the £2,240 or extending the term only if affordable and contractually available.

## 4. Evidence and requested response

Enclosed are my redundancy letter dated 20 January 2038, three recent bank statements and an income-and-expenditure schedule. Please acknowledge this letter by 19 March 2038, confirm the documents needed, and tell me in writing by 26 March 2038 whether the proposal can be considered. I will seek debt advice from a free service.

## 5. Status and signature

This is a request for forbearance, not an admission that any statement or charge is correct and not a promise that I can pay more than £600 before review. Please do not treat this letter as changing the mortgage contract. Daniel Morris — signed 12 March 2038. I understand possession action and deadlines depend on the current contract, rules and court process, and will obtain advice if threatened.

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