Closing / Settling mortgage

JPD86

Recently completed the sale of my old flat and my solicitor cleared the outstanding mortgage account yesterday, which was also the day of my existing direct debit payment.

I suspected there was some overlap / overpayment but in the interest of not causing any confusion I decided to let the payment go through and I would check the balance, expecting a debit balance in my favour. However the mortgage account has now vanished from my online banking

I assume my lender ( Halifax) will automatically send me a cheque or at least write to me with a final statement of account to show any sum due back to me? Or do I have to chase this up?

sivs

I'm sure they will refund the payment to you.. However if you want to check why not give them a ring.

davidmcn

It's possible any refund has gone back to the solicitor - not sure what Halifax's normal practice is.

Thrugelmir

Solicitor will normally tie the loose ends up.

Goldiegirl

They'll most likely send the money back to your bank.