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is there such a thing as mortgage years? nit like the tax year//?

i can make over payments of 10% my balance each year .

what is each "year" ? will it be the date of my advance? or is it jan to dec?

i remember the adviser saying something amount took it out but can not remember

Comments

  • amnblog
    amnblog Posts: 12,764 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Anniversary of completion to anniversary of completion
    I am a Mortgage Broker

    You should note that this site doesn't check my status as a Mortgage Broker, 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.
  • davidmcn
    davidmcn Posts: 23,596 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    amnblog wrote: »
    Anniversary of completion to anniversary of completion

    Or maybe not, depending on the lender. Santander told me it was calendar years.
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