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When's first mortgage payment due?

Hi,

We have exchanged contracts and our completion date is set for 15th feb. we have our mortgage with halifax and have asked for our first payment to come out at the start of the month and I already know it will be more then normal at £1750 instead of £1200. I just don't know when they will take it, on the 16th or 1st march? Or even later?

Any help would be greatly appreciated.

Comments

  • _Andy_
    _Andy_ Posts: 11,150 Forumite
    Ring them and ask?
  • kingstreet
    kingstreet Posts: 39,028 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    You should have received a leaflet "All About Our Mortgages" with your offer. See C on page 10 and work it out from your completion date.

    http://www.halifax-intermediaries.co.uk/pdf/mortgage/all-about-our-mortgages.pdf
    I am a mortgage broker. You 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. Please do not send PMs asking for one-to-one-advice, or representation.
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