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How will we apply your overpayments if you have a mortgage sub account?

Regular Extra Monthly Overpayments

Your overpayment(s) will be allocated to your mortgage sub account(s) in the same way that your normal monthly payment is split across your sub-accounts. To see the affect of an overpayment to your mortgage use our simple overpayment calculator (opens in a new window).

Example: If 40% of your monthly payment is allocated to sub-account 1, with the remaining 60% allocated to sub-account 2, any overpayments will be split in the same way.

If you wish to change how your overpayment(s) are allocated, please call us.

Lump Sum Payment

If no instructions are provided, your lump sum payment will be allocated to your mortgage sub account (s) in a way that is most beneficial to you. To see the affect of an overpayment to your mortgage use our simple overpayment calculator (opens in a new window).

Example: We will allocate the lump sum payment to your sub account with the highest interest rate first. Please note, if you have a mixture of Interest Only and Capital Repayment sub accounts, we will allocate the lump sum payment to the Interest Only sub account with the highest interest rate first.If you wish to change how your overpayment(s) are allocated, please call us.

How do I make an overpayment on my mortgages?

Call 0345 30 20 190
Minicom number 0800 917 0526
Open Monday to Friday 8am - 8pm, Saturday 9am - 4pm (excluding public holidays)
Calls may be recorded.

Your home may be repossessed if you do not keep up repayments on your mortgage