Building.

[dedbutdrmng]

Today I got my Mortgage statement. I have never in my life understood these. This one is even more confusing.

Despite the fact my insurance paid off a huge amount of money this year. There is a little line at the bottom that says. 'Arrears of £17.37' has been added to your debt.

Eh?

There's also a really odd bit at the end. 'We can both

Comments

[foxy76]

'We can both choose which law applies to this contract. We use the law of the United Kingdom.'

I would choose the Law of Bowey. This decrees that all stupid and fabricated arrears are written off.

[dedbutdrmng]

Can the law of Bowey forget the arrears and just write off the whole lot?

If so I shall apply for Citizenship of Boweytania.

[foxy76]

'Can the law of Bowey forget the arrears and just write off the whole lot?'

Absolutely!

'If so I shall apply for Citizenship of Boweytania.'

I should probably point out that there are some other rules as well... :-)

[dedbutdrmng]

I won't like them will I? I bet they involve me doing D.I.Y. or something equally hideous.

[desperance]

That's presumably the interest that accumulated between the moment that they told you exactly how much you owed, and the moment that you actually paid it...?

[dedbutdrmng]

It doesn't appear to be. I didn't pay off the full amount so I've kept making payments by direct debit. the mortgage statement probably explains it but I'm afraid all those numbers make my head spin.

[ladybirdintheuk]

Maybe it is some kind of admin charge? You could always call them to find out!