1. http://search.bbc.co.uk/cgi-bin/search/results.pl?tab=all&go=homepage&q=mortgage+payments+missed&scope=all

Hundreds of thousands of people are failing to maintain mortgage payments, according to a national charity. 13 Sep 2006. 


2. http://whatmortgage.money.msn.co.uk/mortgage-advice-march.htm
 
Consider your options

Lenders say seeking advice before choosing a mortgage is becoming increasingly popular.

“ We have noticed that more people are going to brokers since they became regulated in 2004,” says Skipton spokesman Colin Dale. “It now takes longer to have a mortgage interview with a broker because they have to follow a set procedure, so going direct can be quicker but about 60 per cent of our applications come through brokers.” 


3. Trigod 13th Sept 2006
Typiclal example: A £90,000 interest only mortgage on a property valued at £150,000 repaid over 25 years. 23 Gross monthly repayments of £159.00 per month (APR 6.4% VAR) and further assuming that the variable base mortgage rate remains at 6.74% after the initial fixed rate has expired for the remainder of the term a further 277 payments of £505.50. In practice the variable base rate mortgage rate and APR might differ from that assumed. The APR may vary. Total amount payable £234,823.50 calculated to include a lender’s arrangement fee of £549 payable upfront or on completion (normally added to the loan). No Higher Percentage Advance Fee, valuation fee of £210. Written quotations available on request. Broker fees may be charge. Other insurance may be required. Loans subject to age, status, type and value of property. No provision for early repayment charge has been made. A redemption charge will be made for full or partial redemption as follows: 7% of the loan to be repaid if redeemed before 30/09/2009, 6% if before 30/09/2010, 4% if before 30/09/2011, then 2% if before 30/09/2012 in addition a deeds release fee is also payable. Nil thereafter. The amount repayable excludes any endowment policy, life assurance or buildings insurance premiums. Limited funds available. Mortgages are regulated by the Financial Services Authority.

4. Source Guardian http://money.guardian.co.uk/choosingandusing/story/0,,1219543,00.html