Mortgage Payment Break for Personal and Buy to Let Customers

Mortgage Payment Break Request Form

Please complete this form if you’d like to apply for a mortgage payment break. If you are not financially impacted at this time and can continue to make your mortgage payments then we encourage you to do so. If this changes at any time, then please get back in touch.

Mandatory^*

Your details

Customer name

Please provide your full name.

Phone number

Please provide a valid UK phone number.

Email address

Please provide a valid email address.

Information we need

Your Mortgage

Mortgage account number This is a 6-9 digit number or 11 digit reference number beginning with A, C, D, X or Y. You can find this on your annual statement of other written communication from Aldermore.

Please enter your mortgage account number.

How have you been impacted by COVID-19? Please select the reason that most closely fits your circumstances.

Details of how COVID-19 has impacted you will be required.

What sector do you work in? Select your main income source. If none apply please select other services.

For our records, please confirm the business sector of your primary income source.

How long do you want to defer payment? Please select one, two or three months.

Please confirm how long you wish to defer payments for.

What month would you like your payment break to begin? You can start your payment break from the next month your mortgage payment is due.

Please select month.

To the best of your knowledge, is your account in arrears? We might need to speak to you to make sure this is the right option for you at this time.

Please provide this information to improve the speed with which we can process your enquiry.

Are you able to make part payments towards your mortgage? This might help to bring your monthly payments down. If you can pay, the amount you select will be what you pay each month for the duration of your payment break.

Please confirm if you are able to make any part payments towards your mortgage during this period?

Additional Comments

(You may add up to ten mortgages.)

You need to be aware of the implication of agreeing to this payment break.

By submitting this form you are confirming you have consent from everyone named on the mortgage.

You’ll need to make up the payments later in your mortgage term. We’ll work with you to find the best way to do this at the end of your payment break.

There won’t be any impact on your credit rating during the period your mortgage payment is being deferred.

Arrears will accrue and will need to be repaid at a future date. We’ll discuss the options available to you near the end of the agreed period; when your payments start again you may see an increase in your monthly payment.

The total amount of interest owed on the mortgage will increase, as the amount you owe the bank increases.

If you are already in a payment shortfall and a payment break is agreed the arrears balance will increase by the value of the payments deferred during the break.

Subject to status. Your mortgage will be secured on your property. Your property may be repossessed if you do not keep up repayments