Overpaying NW mortgage

Currently still in my NW fixed rate but now have some surplus funds which I can put towards overpaying.

It used to be the case that I had to overpay by cheque in branch; without a NW bank account, I couldn't overpay directly to my mortgage account.

However, it appears from the website that I may now be able to overpay using internet banking.

Am I right - is this now possible?

Thanks

Comments

  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Always been possible.

    Here's the options
    How to overpay

    You can overpay regularly each month or make one-off payments. Any money you overpay is deducted from your balance immediately and the interest on your new balance is charged the next working day.

    By standing order: simply ask your bank to increase the amount you wish to pay

    By cheque or cash: visit any of our branches, or post a cheque to us.

    Make your cheque payable to Nationwide Building Society, followed by your name and mortgage account number and send it to:

    Nationwide Building Society, Mortgage Servicing, King's Park Road, Moulton Park, Northampton NN3 6NW.

    Online: If you are a FlexAccount holder, you can make overpayments online.

    Call us: on 0800 030 40 49 to make a one off payment or to amend your existing Direct Debit.

    Payment details

    To make payments into your mortgage directly from a bank account, you will need to quote the following details:

    Sort code: 070094
    Account number: 44444445
    Reference number: Your mortgage account number
  • Yorkie1
    Yorkie1 Posts: 11,909 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Thanks Thrugelmir.

    I hadn't previously been aware of this possibility.
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