overpaying woolwich/barclays mortgage

sally06

LeeSouthEast wrote: »

I spoke to the morgage chap in Barclays about doing this when I went in the other day for an initial consultation. He said that it was fine, easily done online or over the phone. All you needed was the mortgage account number and sort code.

I have a woolwich mortgage too and I'm allowed to pay off 10% every year. I've never paid this over the phone though, because I was told I couldn'tI go into my branch and pay it there:D

alfiesmum

Kneale wrote: »

Your name, as the sort code and account number is specific to you.

Thanks everybody. Going to try and set that up today. The easier it is to overpay, the more likely I am to do it!!

alfiesmum
xx

Kantankrus_Mare

Just found this old thread as we have spent all afternoon trying to find out how to look at our Woolwich mortgage account on-line with no success.

I'm in no rush as I want to start overpaying in August but want to work out how to a) See my mortgage account on-line
b) Work out how to overpay on-line either from my Nationwide Flex account or the Barclays current account that was set up for us on taking out the mortgage.

Up until last year we had our mortgage with Nationwide and overpaying was easy peasy.

Just awaiting a passcode through the post for online woolwich so we will see if that works. :undecided

hastie

I have Woolwich/barclays mortgage which I pay by standing order. I vary the ammount month by month, (as long as over set direct debit payment specified). This takes the place of the direct debit, not in addition to it. At the end of the year you get your statement. Maybe set your own spreadsheet up to log payments/balance. You can also ring up telephone banking 2/3 days after each payment and get balance easily.

Just use your sort code, mortgage acc number

cheers:)

marko21

I overpay on my mortgage every month. I set up the details via on-line banking using the method as "Trying to be good" suggests and it works well. I did a small amount on-line then went into my local branch and checked that the payment had gone into my account

I had to speak with the mortgage advisor who set up my Woolwich account for the correct details and fortunately he is in my local branch 3 times a week.

As for checking on-line, I use Experian which is usually very accurate showing amounts outstanding. The only down side is that I pay £6.99 monthly. That's £83.88 a year for the pleasure, I am going to review this cos it's the only reason I have the account and that amount going towards OP's set over the period of time I have outstanding on my Mortgage is a sum of money for sure!

Come on Woolwich/Barclay's other organisations do this, what's holding you back?

marko21

After Contacting Barclay's about an on-line facility I got this

[FONT=&quot]Dear Mr Marko21,

Thank you for your email dated **/04/11.

It is currently not possible for you to view your mortgage via the Online Banking service and we apologise for any inconvenience this may cause
you.

Please be assured that all customer comments are passed to our Project Development Team who have an ongoing programme of service upgrades. Many
of the future enhancements to the Online Banking service will be as a result of customer feedback.

Additionally feedback is used by a number of teams to identify and prioritise improvements to our service.

If you have a query on your mortgage account please contact our Mortgage Centre on 0800 022 4022, + 44 1322 426426 (International) where a
member of their experienced team will be happy to assist. Available, Monday - Friday 08:30 ? 17:30 (UK times).

Yours sincerely,
C*** G*******
Barclays Bank PLC


If any one else out there would like this facility Please contact/email them as the more people ask the better chance of it being a reality.
[/FONT]

Kantankrus_Mare

I got a questionairre on line after signing up for on-line banking which was no use to me as I still couldnt see mortgage balance or a way to easily over pay by random amounts.

I made it very clear I wasnt impressed with the service and compared it very unfavourably to my previous nationwide mortgage account.

Unsurprisingly I have heard nothing back.

LV02

Hi,

Does anyone know what the 10% allowed overpayment is based on. Is the the total value of the original loan?

Thanks
Luke