Mortgage Charter - Support with your Danske mortgage repayments
If you are up to date with your repayments on your residential mortgage, you can use this form to tell us what support option you’d would like to avail of through the Government Mortgage Charter 
We will contact you to discuss your request and provide you with personalised information to help you make a decision.
If you need support with more than one residential mortgage, you should complete a separate form for each account.
* Please complete all mandatory fields.
Your details
(you can find your mortgage account number on your mortgage statement or on the eBanking app under 'Loans')
Support options and declaration
Sorry this form is only suitable for customers that are up to date with their mortgage repayments.
If you have fallen behind on your mortgage repayments you should speak to us as soon as possible by requesting a callback below and one of our advisors will get in contact to discuss your options:
There are two options available under the Mortgage Charter; Interest Only payments for 6 months OR a Term Extension. Please read the information below to help you choose which option you wish to take:
Option 1 - Interest Only payments for six months
This option will mean you only pay the interest element of your mortgage on a monthly basis. The capital amount you have not paid will continue to accrue interest and will mean you end up paying more overall.
To help you understand the impact, we've illustrated a generic example below for a Fixed rate and Variable rate mortgage:
Fixed Rate Mortgage
This example shows the impact on your payments of moving to Interest Only for 6 months on a £100,000 mortgage over 20 years, paying a fixed rate of interest for 2 years at 6%, then moving to 8% variable rate at the end of the fixed rate period.
| Fixed Rate payment today | £715 |
| Variable Rate payment at the end of the fixed rate period | £824 |
| Fixed Rate payment during Interest Only period | £494 |
| Fixed Rate payment after Interest Only period | £725 |
| Variable Rate payment at the end of the fixed rate period after Interest Only | £839 |
In this example, you pay approximately £1,274 extra in interest over the lifetime of the mortgage than if you keep your mortgage the same as it is today.
Variable Rate Mortgage
This example shows the impact on your payments of moving to Interest Only for 6 months on a £100,000 mortgage over 20 years, paying a variable rate of interest of 8%.
| Variable Rate payment today | £833 |
| Variable Rate payment during Interest Only period | £657 |
| Variable Rate payment after Interest Only period | £842 |
In this example, you pay approximately £1,062 extra over the lifetime of the mortgage than if you keep your mortgage the same as it is today.
When we contact you, we will provide you with information personalised to your circumstances before you decide to proceed with your choice.
Option 2 - Term extension (with the option to reverse after 6 months)
This option will extend the end date of your mortgage out by a specified number of months. This will mean you will pay more over the term of your mortgage, but your monthly payments will reduce as a result.
To help you understand the impact, we've illustrated a generic example below for a Fixed rate and Variable rate mortgage:
Fixed Rate Mortgage
This example shows the impact on your payments by extending your term by 5 years on a £100,000 mortgage on an existing term of 20 years, paying a fixed rate of interest for 2 years at 6%, then reverting to 8% variable rate on maturity.
| Fixed Rate payment today | £715 |
| Variable Rate payment at the end of the fixed rate period | £824 |
| Fixed Rate payment when term extended by 5 years | £643 |
| Variable Rate payment at the end of the fixed rate period when term extended by 5 years | £761 |
In this example, you pay approximately £30,385 extra in interest over the lifetime of the mortgage than if you keep your mortgage the same as it is today.
With this option, you may reverse your term extension after 6 months. If you decide to do this, the payments are:
| Fixed Rate payment today | £715 |
| Variable Rate payment at the end of the fixed rate period | £824 |
| Fixed Rate payment when term extended by 5 years for 6 months | £643 |
| Fixed Rate payment when term extension reversed | £713 |
| Variable Rate payment at the end of the fixed rate period when term extension reversed | £821 |
In this example, you pay approximately £293 extra over the lifetime of the mortgage than if you keep your mortgage the same as it is today.
Variable Rate Mortgage
This example shows the impact on your payments of extending your term by 5 years on a £100,000 mortgage on an existing term of 20 years, paying a variable rate of interest of 8%.
| Variable Rate payment today | £833 |
| Variable Rate payment when term extended by 5 years | £769 |
In this example, you pay approximately £30,539 extra over the lifetime of the mortgage than if you keep your mortgage the same as it is today.
With this option, you may reverse your term extension after 6 months. If you decide to do this, the payments are:
| Variable Rate payment today | £833 |
| Variable Rate payment for 6 months when term extended by 5 years | £769 |
| Variable Rate payment when term extension reversed | £837 |
In this example, you pay approximately £389 extra in interest in interest over the lifetime of the mortgage than if you keep your mortgage as it is today.
When we contact you, we will provide you with information personalised to your circumstances before you decide to proceed with your choice.
(you can only apply for one of these options)
Declaration
- I need support with my mortgage payments under the Mortgage Charter
- I have consent from everyone named on the mortgage to proceed as requested above
- I understand these options mean I pay more interest on my mortgage than if I kept my mortgage the same as it is today. I understand if I can continue to meet my current payments, I should continue to do so.
If your next payment is due within 14 days you should prepare to make this payment as normal.
The information you provide will be held by Danske Bank UK. We'll use it to process your request and help manage this account(s) and any services used. By continuing, you confirm you're happy with this and that you've had a chance to read the how we use personal information.
Next steps after submitting
Our advisors will review the details of your submission and will be in touch to discuss your circumstances in more detail.
If we are unable to reach you via phone, we will send a follow up email with instructions on how to get back in touch.
Once we speak to you, we'll send you and any other party to the loan, emails with links to sign your agreement digitally. Alternatively, we can posted your agreement to you.
