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Santander overpayments?
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bjcl
Posts: 19 Forumite
I'm looking to remortgage in a couple of months when my current fixed rate comes to an end. I'm looking at 5 yr fixed deals and the best ones that come up seem to be with HSBC and Santander at 3.99%. From the HSBC website I see I can overpay by 20% of the monthly repayment but I can't see anything for Santander... Can anyone advise what Santanders overpayment allowance for the 5yr fixed rate is?
My current deal with Natwest allowed me 10% of the remaining balance per year which seems like a much better deal than with HSBC!
My current deal with Natwest allowed me 10% of the remaining balance per year which seems like a much better deal than with HSBC!
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10% is generally the standard. Without seeing the actual deal i wouldnt want to say for sure but i would expect it to be 10%.I am a Mortgage AdviserYou should note that this site doesn't check my status as a mortgage adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0
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