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Halifax Help to Buy ISA - You may receive less interest than you expected

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  • eskbanker
    eskbanker Posts: 37,216 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Apodemus wrote: »
    While I agree with you wholeheartedly, to be fair to the OP, when I had a Halifax mortgage, they charged the full year's interest on the year's opening balance, taking no account of the reducing balance as the year proceeded. Perhaps he, unreasonably, expected the rules to be applied the same way to both parties! :rotfl:
    Since OP is subscribing to an HTB ISA, it seems a bit of a long shot that their expectations will have been set by how mortgage repayments used to work!
  • NeedToPayTax
    NeedToPayTax Posts: 14 Forumite
    this is normal
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