Britannia - £5000 overpayment, no fee

Mcfi5dhc

Hello all

I'm not a 100% MFW, more of a Mortgage-Payment-Reducer - would like to get the payments to about £200 a month (was £650, now £430)

I have a question though - I did a £5000 overpayment in March to my mortage with Britannia - I was expecting to lose part of this payment as a penalty (I am only allowed to overpay by £499 a month), but I didn't.

This has been double checked on a statement I requested from them (I always request one when I do a big overpayment) and also in-branch.

In-branch man (who was very nice) was amazed I hadn't been charged, but said no charge would be backdated (hope he is right).

Has anyone else experienced this. All my paperwork suggests I should be charged, but haven't.

I am planning another £5000 at Xmas time, so would be good to know.

Thanks all, peops