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Times are changing, is your mortgage keeping up?

We have seen significant rises in interest rates in recent months. This has increased the cost of most mortgages. Alongside a rise in fuel, food and services, we are seeing an increased burden on the general cost of living.

Mortgage costs can represent a significant part of most household outgoings. The financial climate has changed and your circumstances may be different to when you took out your current mortgage loan. These changes may already be impacting your lifestyle and forcing changes in your spending habits. You may be experiencing financial distress or anticipate problems in keeping up with your monthly payments.

What can you do about this?

We understand circumstances can change. We encourage you to contact us to discuss any concerns. There a number of steps you could take to address the situation:

If you are experiencing financial difficulties

We recognise that some customers may be facing financial challenges or anticipate difficulties in future. If this is the case, talk to us. TNB is here to help.

Budgeting tool
Mortgage information
payment difficulties information
contact your Relationship manager

What next?

We believe in tailored solutions that are right for our clients. So if you want to explore your options further, please contact your Relationship Manager who can introduce you to our in-house mortgage experts to discuss what we may be able to do for you.

Your home may be repossessed if you do not keep up the repayments on your mortgage.