Halifax mortgage overpayments

jimmeee

Hi,

Does anyone know the answer to the following?

My current fixed rate deal with the halifax is coming to an end. I have currently almost used up my allowed 10% overpayment amount.

If i switch to a new fixed deal with the halifax, will this overpayment amount be reset to 0 so that i can make more overpayments without penalty, or does it only reset 1 january next year?

I understand that i could repay a lump sum when the deal is up and remortgage but then i think i have to go through the application process whereas switching to a new deal is more straightforward and less paperwork.

Thanks.