Alliance Leicester Mortgage Looking for advice

Gary123456790

Hi,

My remortgage above on to 3.49% fix for 2yr 0 fee was arranged in around Nov last year, so perhaps things have changed since then?

One thing I forgot to add was when I moved from A&L to Santander they actually didnt require a payment in the first month with Santander - they said A&L was paid in advance and Santander is paid in arrears (not actual arrears if you know what i mean - you could say 'at the end of the month') so they didnt want a payment for december....

I went in to a branch and made the normal payment since it just came off the capital so one nice overpayment (1st payment was higher to account for extra interest).

I also found out that Santander calculate daily interest so it is beneficial to pay as early as possible in the month (whilst ensuring the dd will always be successful of course). With A&L it was monthly interest so didnt matter if you paid on the 1st or 21st.

Gary.