Example C&G mortgage statement

If you’d like to take a closer look at the example mortgage statement below, move your mouse over the example and click to zoom in. To the right of the mortgage statement is an explanation of all the key terms.

C&G mortgages are provided by Lloyds TSB Bank plc and administered by Cheltenham & Gloucester plc


	Page 5 of 5 pages This is the statement page number, plus the total number of pages. There will be at least 2 pages, and more if there have been a lot of transactions during the year or if your mortgage is made up of more than one part (or sub-account).
	Your mortgage account number This is your mortgage account number. Please quote this number whenever you have a mortgage query.
	Mortgage sub-account 01/02/03/04/etc If your mortgage is made up of more than one part - for example, if you have taken out more than one loan or different rates apply to different parts - each part has its own sub-account number and its own statement. Sub-account 01 always shows the details for your main mortgage
	Sub-account summary If your mortgage is made up of more than one part or 'sub-account' (see 3 above), this is an overview of the individual sub-account.
	Mortgage term remaining This is the amount of time left on your mortgage or on this particular part of it
	Interest rate at 31 Dec 2008 This is the interest rate you are paying on your mortgage or on this particular part of it.
	Sub-account type This is the payment method (repayment or interest only) for your mortgage or this particular part of it.
	Early Repayment Charges This shows the Early Repayment Charge you would have to pay if you decided to pay off your mortgage, or this particular part of it, completely (including switching to another lender). It is an illustration and has not been charged to your mortgage. More about Early Repayment Charges.
	Date after which Early Repayment Charges no longer apply This is the date after which you will not have to pay an Early Repayment Charge if you decided to pay off your mortgage, or this particular part of it, completely (including switching to another lender) or if you paid off any extra during the year that amounted to more than 10%.
	Total cost of repaying this sub-account This shows the total amount you would need to pay at the date of the statement if you decided to pay off your mortgage - or this part of it if it is made up of more than one sub-account.