Some possible reasons for an increase in mortgage repayment are outlined below:

• A variable rate of interest may have increased on your account during the statement period. Please refer to the statement of interest rates page for a detailed rate history.

• A discounted rate period may have come to an end on your mortgage account. Please refer to the statement of interest rates page for a detailed rate history.

• Your account may have reverted to normal repayment following a reduced payment arrangement period.

• You may have opted to increase your monthly mortgage repayment in order to repay your mortgage quicker.

• You may have requested to reduce your mortgage term during 2016 which would result in an increased repayment.

• During 2016 you may have re-drawn an overpayment previously made to your mortgage. This will have caused your loan balance, and your monthly repayment, to increase.