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MRT 2 · Lender Arrears Support
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Lender Arrears Support
Partial sale: Sell part of equity to housing association (rare) Lenders must not charge excessive arrears fees; must provide clear arrears statements
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Key points
Partial sale: Sell part of equity to housing association (rare) Lenders must not charge excessive arrears fees; must provide clear arrears statements when repossession is appropriate.
Question 3
Which term matches: "contact borrower promptly; try to reach a solution; not take possession unnecessarily"
Question 4
What does "Repayment plan" mean?
Question 5
Match each term in "Key points" to its meaning
Tap a term, then tap its matching definition.
Question 6
Fill in the blank
______ — Temporary pause on payments (only if overpayments in account or lender agrees)