Mortgage Express

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SWB
SWB Posts: 100 Forumite
Name Dropper First Post First Anniversary Combo Breaker
in Mortgage-free wannabe
Hi there,
Does anyone over-pay on a Mortgage Express Self Cert Mortgage?
I would like to overpay variable amounts as and when.
Looking at the website, it looks like I can only complete a 'Choices' form and overpay a set amount every month. Does anyone know any different?
Many thanks.

Comments

  • koexelek
    koexelek Posts: 7,847 Forumite
    Options
    If you are in a tie in period there will be a limit on how much you can overpay.

    Best place to check is your original mortgage offer.
    I think Choices allows you to overpay a certain amount each calendar month without penalty
    I am a Mortgage adviser
    You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.
  • SWB
    SWB Posts: 100 Forumite
    Name Dropper First Post First Anniversary Combo Breaker
    Options
    Yes, I can overpay up to £500 per month penalty free but I would like to overpay £100 one month, £50 next month, £100 the following month ect. It doesn't look like I can. I will phone them tomorrow.
    Thanks anyway.
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