Mortgage payment disloyalty debt?

[hivas9]

I was late once or twice with paying my mortgage
due to wages going in too late.A year later i requested a
statement as i was looking to re-mortgage.I then seen that
where i was late with payment they didn't deduct the amount off my total. With Disloyalty debt beside it.
Am i being conned ? As i have lodged money but
nothing has been debited,anyone come across this before
as it might be that you won't notice it till you see your statement?

cheers Fran

 

[ClubMan]

What do the terms & conditions of your loan agreement say about how late payments will be dealt with? Who is the lender? What exactly did your statement say?

 

[hivas9]

I'd have to find original terms,lender is First Active.Would this be normal practice for lenders to keep all monies if late on top of charging admin fees?Seems a bit exceesive!
I'll go hunting for the terms now.

cheers Fran

 

[ClubMan]

Would this be normal practice for lenders to keep all monies if late on top of charging admin fees?Seems a bit exceesive!

Yeah - sounds odd. Are you sure that you're interpreting your statement correctly? Have you queried the issue with FA? What sort of mortgage is it - home or investment, fixed or variable/tracker, etc.?