How we can help

Take some time to get help and advice

With this hold, we’ll give you the time and space to get some independent help and advice to help you with your money worries. You could also use this time to fill out a budget so you’re ready to discuss your options.

While you do this, we can stop calls asking you to contact us about your missed payments.

This isn’t a payment holiday – your monthly payments will still be due on their normal date.

Repayment plans

Where you can afford to, we may be able to set up a repayment plan. Depending on your circumstances this might be a short- or long-term plan, but will always be aimed at getting your mortgage back on track as soon as possible.

This can involve agreements to make lower or no payments for a limited period while you get back on your feet.

Mortgage restructuring

We may be able to change some or all of your mortgage to help you to lower your monthly payments and make your mortgage more affordable. This could include a change in the term of your mortgage, switch to a new mortgage deal, or a different repayment type.  

These options are all subject to eligibility. Our colleagues will be able to explain them to you in full.

Sale of property

If you know you can’t afford your monthly payments and we’ve been through the options and there’s nothing we can do to help, you can sell your property to repay the mortgage loan.

You can sell it yourself or we have partners who can help market and manage the sale with you.

Take 30 days to get some help and advice

With this hold, we’ll give you the time and space to get some independent help and advice, so you can make sure your priority payments are up to date.

It’s also a good idea to fill out a budget so you’re ready  to discuss your options. 

While you do this, we can stop calls asking you to contact us about your unarranged overdraft. And, we won’t charge you arranged overdraft interest during this time.

Repayment plans

With a repayment plan, you could clear your unarranged overdraft in 2 to 12 months. Setting up a repayment plan on your account could make it harder and more costly for you to borrow money in future, however keeping to it may prevent a larger impact on your credit file like a default. We’ll explain any impact this may have on your credit score before you apply.  We won’t charge you arranged overdraft interest during the repayment plan.  

If you need more help at the end of the plan, we may be able to look at the option of setting up a consolidation loan with you. This would allow you to combine your debts with us into one monthly repayment.  

With this option, you won't be able to have an arranged overdraft or get other forms of credit from us for at least 12 months. This is subject to a credit worthiness assessment. Loan repayments can be made over a period of 1 to 7 years and rates vary. 9% APR representative.    

Representative example

You could borrow £7,000 at an annual interest rate of 8.65% (fixed) over 48 months, with 48 monthly repayments of £173.03. The amount repayable will be £8,305.44. 9% APR representative.

Account closure

In some cases, you may benefit from us permanently closing your accounts. When we close your accounts we’ll let the credit reference agencies we use know, and we may register a default which will stay on your credit file for six years.  This can limit your ability to borrow money in the future and we’ll explain some of the impacts this can have if we consider this option.

We’ll also stop charging arranged overdraft interest. And we’ll help you work out a long-term solution to reduce your balances at a rate you can afford.

Take 30 days to get some help and advice

With this hold, we’ll give you the time and space to get some independent help and advice, and make sure your priority payments are up to date. 

It’s also a good idea to fill out a budget so you’re ready to discuss your options. While you do this, we can stop calls asking you to contact us about your missed payments. And, we won’t charge you fees and interest during this time.

This isn’t a payment holiday, as you’ll still need to make your contractual monthly payment. We may also tell credit reference agencies about any of your missed payments – this can limit your ability to borrow money in the future.

Repayment plans

With a repayment plan, you could bring your account up to date in 2 to 12 months. Setting up a repayment plan on your account can impact your ability to borrow in the future, however keeping to it may prevent a larger impact on your credit file like a default. We’ll explain any impact this may have on your credit score before you apply. And we won’t charge you fees and interest during this time.

If you need more help at the end of the plan, we may be able to look at the option of setting up a consolidation loan with you. This would allow you to combine your debts with us into one monthly repayment.  

With this option, you won't be able to get any other forms of credit with us for at least 12 months. This is subject to a credit worthiness assessment. Loan repayments can be made over a period of 1 to 7 years and rates vary. 9% APR representative.   

Representative example

You could borrow £7,000 at an annual interest rate of 8.65% (fixed) over 48 months, with 48 monthly repayments of £173.03. The amount repayable will be £8,305.44. 9% APR representative.

Account closure

In some cases, you may benefit from your accounts being permanently closed. When we close your accounts we’ll let the credit reference agencies we use know, and we’ll register a default which will stay on your credit file for six years. This can limit your ability to borrow money in the future and we’ll explain some of the impacts this can have if we consider this option.

We’ll also stop charging interest. And we’ll help you work out a long-term solution to reduce your balances at a rate you can afford.

Take 30 days to get some help and advice

With this hold, we’ll give you the time and space to get some independent help and advice, and make sure your priority payments are up to date. However, you won’t be able to use your account while this hold is in place.

It’s also a good idea to fill out a budget so that you’re ready to discuss your options. While you do this, we can stop calls asking you to contact us about your missed payments. And, we won’t charge you fees and interest during this time.

This isn’t a payment holiday, as you’ll still need to make your contractual monthly payment. We may also tell credit reference agencies about any of your missed payments – this can limit your ability to borrow money in the future.

Repayment plans

With a repayment plan, you could bring your account up to date in 2 to 12 months. You won’t be able to use your card during this time.

Setting up a repayment plan on your account can impact your ability to borrow in the future, however keeping to it may prevent a larger impact on your credit file like a default. We’ll explain any impact this may have on your credit score before you apply. And, we won’t charge you fees and interest during this time.

If you need more help at the end of the plan, we may be able to look at the option of setting up a consolidation loan with you. This would allow you to combine your debts with us into one monthly repayment.  

With this option, you won't be able to get any other forms of credit with us for at least 12 months. This is subject to a credit worthiness assessment. Loan repayments can be made over a period of 1 to 7 years and rates vary. 9% APR representative.  

Representative example

You could borrow £7,000 at an annual interest rate of 8.65% (fixed) over 48 months, with 48 monthly repayments of £173.03. The amount repayable will be £8,305.44. 9% APR representative.

Account closure

In some cases, you may benefit from your accounts being permanently closed. When we close your accounts we’ll let the credit reference agencies we use know, and we’ll register a default which will stay on your credit file for six years. This can limit your ability to borrow money in the future and we’ll explain some of the impacts this can have if we consider this option.

We’ll also stop charging interest. And we’ll help you work out a long-term solution to reduce your balances at a rate you can afford.