How is my Mortgage Reserve limit calculated?
Mortgage Reserves are no longer available for new mortgage applications, although a number of existing customers will have a Mortgage Reserve as a part of their Mortgage Current Account.
This Reserve is repayable on demand and must be repaid on redemption of the mortgage. A charge over your property will have been required as security.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP YOUR REPAYMENTS ON YOUR MORTGAGE.