We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Will I need to make a payment to my current lender?

Quick question please;
I'm due to remortgage with my new lender from 1st July(my current deal ends with my existing lender 30th June).
My new lender has confirmed that on 1st Aug the will take 1 months full payment plus a bit extra for July-fair enough.

Can I now cancel my DD with my existing lender or will they try and take a payment on 1st July..?

Thanks for any advice
Pete
:j

Comments

  • ferry
    ferry Posts: 2,016 Forumite
    Part of the Furniture 500 Posts Name Dropper
    Apologies,just returning to thread as we cant seem to get a definite answer for some reason from our current lender.Apparently they may take a payment on 1st July which will be refunded-though cant see the point in this.

    Any mortgage experts out there that can advise please?

    Thanks as usual

    T.
    :j
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.1K Banking & Borrowing
  • 253.6K Reduce Debt & Boost Income
  • 454.3K Spending & Discounts
  • 245.2K Work, Benefits & Business
  • 600.9K Mortgages, Homes & Bills
  • 177.5K Life & Family
  • 259K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.