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Paying a lump sum off my mortgage

04.10.2020 19:56 #1
Hi,

I have a variable mortgage, with no missed repayments and would like to pay a lump sum off my mortgage.
What is involved in making this additional payment?

Kind Regards
Onaragatip
05.10.2020 10:10 #2
Registered User
Originally posted by Onaragatip
Hi,

I have a variable mortgage, with no missed repayments and would like to pay a lump sum off my mortgage.
What is involved in making this additional payment?

Kind Regards
Onaragatip

You should be able to ring them up & make the payment (over the phone if card). As on a variable rate there should be no penalty applied. I've done that in the past without issue.
(Note: They don't accept Cash lump sums)
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