Mortgage in a single name
You can apply for a mortgage payment deferral for a two month period while you arrange the Grant of Probate by contacting our mortgage specialists on 01325 741043.
During this time no mortgage payments will be taken or charges made, but interest will continue to be charged and added to the mortgage balance.
If the Grant of Probate does not arrive within the two months please contact us to discuss further options.
Once you have the Grant of Probate please contact the Society’s mortgage specialists once again to discuss the mortgage. The mortgage payments will need to be paid until the full mortgage balance is repaid by the executor(s) or administrator(s).
Mortgage in a joint name
The deceased’s name will be removed from the mortgage.
You can apply for a mortgage payment deferral for a two month period by contacting our mortgage specialists on 01325 741043. During this time no mortgage payments will be taken or charges made, but interest will continue to be charged and added to the mortgage balance.
The mortgage payments will need to restart after the two month deferral period until the full mortgage balance is repaid.
If you need to discuss your future monthly mortgage repayments or if you have any other question about your mortgage, simply go back to our mortgage specialists.
Assigned Insurance (Endowment) Mortgages
If there is an assigned (linked) endowment policy to the mortgage we will submit a claim on behalf of the deceased.
When the claim is settled the mortgage balance will be reduced by the amount received and confirmation of the remaining balance, if any, placed in writing to the executor.
If there is a separate policy not linked to the mortgage you will need to contact the provider directly.
Home Insurance
You should tell the home insurance provider that the deceased has passed away as soon as you can, as this can affect the insurance cover.