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Service charge loan
Find out about our loans to cover high major works costs. Things to consider before applying for one. How to apply.
Make payments
The easiest way to pay your service charge loan is by monthly standing order.
Set up your bank transfer with our details:
- bank: NatWest
- for the credit of: London Borough of Southwark
- sort code: 51-50-03
- account no: 27540006
- reference: use your loan account number (for example D0001 Fund 2)
Use the same bank details and reference if you want to pay larger one-off amounts, including any payments to redeem the loan.
You should allow at least 3 working days for your payment to be processed.
You can also make an online payment, but there's a £10,000 limit per transaction using our payment system.