Overpaying on a FirstDirect mortgage ?

AdamBrunt

Hi all,

Before I start trawling through their website (or even phoning them up !!!) does anyone know how I go about doing the above ?

Not whether I can or not but rather how I go actually overpay on a monthly basis ?

TIA for any help.

Regards,

Adam Brunt

Gromitt

That depends on the specific mortgage that you have.

poorchester

Ring them up and tell them how much you want to overpay. The overpayment will show on your account as an additional direct debit so its easy to stop/increase/decrease it. I did it last month - it takes 2 minutes.

originalmiscellany

Have you got your bank account with them? If so you can make an overpayment whenever you want. 1 minute job.

AdamBrunt

Gromitt wrote: »

That depends on the specific mortgage that you have.

It's just a standard tracker (I think) repayment mortgage.

poorchester wrote: »

Ring them up and tell them how much you want to overpay. The overpayment will show on your account as an additional direct debit so its easy to stop/increase/decrease it. I did it last month - it takes 2 minutes.

originalmiscellany wrote: »

Have you got your bank account with them? If so you can make an overpayment whenever you want. 1 minute job.

We do have a bank account with them - they insisted on it before giving us the mortgage. It's not much of an account - the only money going into it comes from our current account and, at the moment, just covers the monthly mortgage payment.