Co-Op Overpayments past 10%

Welshlassie

Wondering if anyone can help me. I'm lucky enough to be in a position that I've paid our 10% OP allowance with the Co-Op for the year. I have next years already lines up, but some months I have the occasional few pounds that I'd like to pay off. As anyone done this and not been changed the ERC.

When I was with IF I used to make regular OP's of under £100 and due to the "low" value of the transactions they didn't charge me the ERC. So was wondering if anyone had successfully done this with the Co-Op.

Unfortunately I can't see transational information online with the Co-Op on the mortgage balance so it would only be when I get my annual statement that I'd see if they actually charged me or not and I don't want to risk it (however low value it is)

Thanks

Welshlassie

Hi is anyone able to help me with this?

RoaringTwenties

I've no idea about the Co-Op Welshlassie, with Skipton I am charged the ERC if I go over the 10% by a penny I think! Might be worth ringing them about the low transaction value? I've never come across that before.

pollyanna24

I know for a couple of months back in 2008 ish, I overpaid by more than the £500 that Nationwide let you overpay, and there was no penalty to be seen.

Didn't risk it too many times though and have no idea why we weren't charged.