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Nationwide - When can you make a mortgage payment?
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Robert_Sterling wrote: »Nationwide usually allow you to overpay by any amount up to £500 per month.
If you do so they keep track of how much extra you have paid and you can have payment holiday ot ask for some or all of the overpayment back.
GR8
Correct, you have to overpay the £500 each calendar month though. You can't not overpay for two months, then pay £1500 in month three.
They do calculate the interest daily, so the sooner in the month you can make the overpayment, the betterI am a Mortgage adviserYou 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.0
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